Signature Circular
"Is a signature circular always required?"
Quick Answer
A signature circular is a notarized document displaying the specimen signatures of a company's authorized representatives, proving their authority to bind the company.
Scope and Legal Distinctions
A signature circular evidences identified signatures and representation information but does not establish unlimited authority for every transaction. Current registry powers and special approvals must still be checked.
What to Check in Practice
Verify the signatory, appointment, mode of signature and any transaction-specific decision before accepting a commitment.
Sources & Authorities
Statutory framework and official guidance for this definition.
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