Hi I am having doubt about company law topic. May I know, Does a company have Power to use official seal outside India?
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A company whose objects require or comprise the transaction of business outside India may, if authorized by its articles, have for use in any territory, district or place not situate in India an official seal which shall be a facsimile of the common seal of the company, with the addition on its face of the name of the territory, district or place where it is to be used.
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A company whose objects require or comprise the transaction of business outside India may, if authorized by its articles, have for use in any territory, district or place not situate in India an official seal which shall be a facsimile of the common seal of the company, with the addition on its face of the name of the territory, district or place where it is to be used.
The person affixing any such official seal shall, by writing under his hand, certify on the deed or other document to which the seal is affixed, the date on which and the place at which, it is affixed.
A deed or other document to which an official seal is duly affixed shall bind the company as if it had been sealed with the common seal of the company.