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 6 months 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 6 months ago