Board resolution for appointing authorised signatory philippines 2025

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Board Resolution Granting Signing Authority BE IT RESOLVED, that the board of directors hereunder authorizes [Authorized Individuals Name], [Position], to sign, execute, and endorse on behalf of [Company Name] for all financial transactions, legal documents, and other official agreements.
The purpose of an Authorization Letter is to: (a) demonstrate that the individual(s) signing contracts and reviewing and submitting invoices have been authorized to do so by the organizations Board of Directors; and (b) provide a sample of the signatures of the organizations authorized signatories.
Assigning an authorised signatory is a process, which includes sending a signed version of the Appointment of authorised signatory document by post to the Joint Secretariat. This document is available through the online monitoring system.
I/We do hereby authorize Mr./Ms. He/She is duly authorized to sign all necessary correspondence in this regard on our behalf. His/Her explanations / statements will be binding on me/us without exception.
This Directors Resolution grants authority to an individual to enter agreements and sign documents on behalf of a company.

People also ask

The corporate resolution for signing authority is a specific corporate resolution that authorizes specific corporate officers with the legal standing to sign contracts on behalf of the corporation.

sample board resolution authorizing representative philippines