When Can Single Person Sign Agreement On Behalf Of A Company

DAILY LAW TIPS (Tip 389) by Onyekachi Umah, Esq., LLM. ACIArb(UK)

WHEN CAN SINGLE PERSON SIGN AGREEMENT ON BEHALF OF A COMPANY.

A Company signs and executes deeds by affixing company’s seals in the presence of the company secretary and a director.
To enable a single person to sign and execute agreements on behalf of any company within or outside Nigeria, such company has to give a written appointment to such person. It has to be written under seal of the company and signed by the company secretary and a director, authorising such person to represent and executive all or some specific agreements on behalf of the company.
Note that any agreement signed on behalf of a company by such person duly appointed and authorised by a company to do so, is binding on the company as if it was made and signed by the company’s secretary and a director with company’s seal.

My authorities are sections 76 and 610 of of the Companies and Allied Matters Act, 1990.

#DailyLawTips
#SabiLaw
#LearnNigerianLaws

Feel free to reach the author, ask questions or make inquiries on this topic or any other via info@LearnNigerianLaws.com or onyekachi.umah@gmail.com or +2348037665878.

NOTE: Sharing or modifying or publishing this publication without giving credit to Onyekachi Umah, Esq. and “LearnNigerianLaws.com” is a criminal breach of copyright and will be prosecuted. Please share this publication till it gets to those that need it most. Save a Nigerian today!

To receive our Daily Law Tips for free follow our Facebook page, Twitter, Instagram and YouTube via “@LearnNigerianLaws”.
This publication is the writer’s view not a legal advice and does not create any form of relationship. You may reach the writer for more information.

Powered by www.LearnNigerianLaws.com

Follow Our WhatsApp Channel _______________________________________________________________________ “Enhance Legal Practice With Authoritative Reports” — Alexander Payne Offers Comprehensive Law Reports, Spanning Over A Century Of Nigerian Jurisprudence

Interested buyers are encouraged to place their orders and enquiries via: 0704 444 4777, 0704 444 4999, 0818 199 9888 Website: www.alexandernigeria.com

________________________________________________________________________ [A MUST HAVE] Evidence Act Demystified With Recent And Contemporary Cases And Materials

Available now for NGN 40,000 at ASC Publications, 10, Boyle Street, Onikan, Lagos. Beside High Court, TBS. Email publications@ayindesanni.com or WhatsApp +2347056667384. Purchase Link: https://paystack.com/buy/evidence-act-complete-annotation _______________________________________________________________________