Agent did not sign documents on behalf of the principal
I am the agent / holder of a general power of attorney. I signed several documents on behalf of the Chairman of a Private limited company on the basis of this PoA but did not mention the words "on behalf of <name of the chairman>" or "PoA holder" etc. I used my own name, how can I justify this mistake. I am now being tied up with liability related to the company.
Asked 11 days ago in Property Law from Bhopal, Madhya Pradesh
Thank you Mr. Barman and Mr. Jhajharia for your quick responses. I was the Managing director of this company previously but had resigned and it is duly registered with RoC. But since it is a family owned company, I signed documents based on the PoA and HAVE NOT MENTIONED THE NAME OF THE PRINCIPAL WHO WAS THE CHAIRMAN AND MD OF THE COMPANY AT THE TIME OF THE OFFENCES. I really need a reply on how to resolve this mistake of mine while signing the company documents- can it be proved as a technical mistake under any section on the companies act so that I am not tied with the liability of the offences of the company after my resignation.
Asked 11 days ago