Power of Attorney for Company Shares
A Power of Attorney for Company Shares allows you to authorize another person to represent your interests in relation to your shares in a company. If you are a shareholder in one or more companies, but most of the time you are outside the country and thus can not be present in shareholders’ meetings, or can not be present to sign resolutions, than you can give a Power of Attorney for Company Shares to your representative. The range of activities which a POA for Company Shares authorizes include: signing resolutions, attending shareholders meetings, transfer of shares, representing your interests before any judicial authorities, federal and local government departments, third parties etc.
Use a POA for Company Shares if you wish to give someone authorization to manage your shares in a company in your absence. Powers and authorities of the agent can be broad or limited to certain tasks, which can be decided by you.
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