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I have a query which is unanswered, if a financial Institution has given Power of Attorney to an individual who is not an employee of the company for filing complaint u/s 138 of Negotiable Instrument Act .The
1.Can Financial Institution give POA to any person who is not an employee of that Company to file Complaint?
2. Is there any judgment which clearly states that it is not necessary for POA holder to be an employee of the Company.It can be any person approved by the Board of Director for file Complaint?