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Querist : Anonymous (Querist) 11 March 2011 This query is : Resolved
I make a partnership firm for make a new residential project in the land and start a booking. 7 partners in this partnership firm It's is necessary to mention that any parter is sign in any documents as per partneship act, If it is not mention in deed and any partner sing in documents (registered or unregistered) this unvelid as per partnership act. It's necessary to make a Power of Attorney for that any one parter sing in any documents?

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Raj Kumar Makkad (Expert) 11 March 2011
You all partners can pass a resolution and can assign the duties with power to either one or two to sign a particular type of documents and some other for other work for proper functioning and cross-checking of partnership otherwise a lot of confusion and mutual mistrust may occur which is not in the interest of your business.

Devajyoti Barman (Expert) 11 March 2011
Though you can do it but under the provisions of Partnership Act the same is not required. Every Partner is the Agent of another and he validly represents the Firm if the Act is in discharge of the activities of the Firm.

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