Board Resolution For Power Of Attorney for Singapore

Board Resolution For Power Of Attorney Template for Singapore

A Board Resolution for Power of Attorney in Singapore is a formal document passed by a company's board of directors that delegates specific legal authority to an individual or entity to act on behalf of the company. This document, governed by Singapore's Companies Act and related legislation, formally records the board's decision to grant such powers and specifies the scope and limitations of the attorney's authority. It serves as a legal instrument recognized under Singaporean law for empowering representatives to conduct business operations.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Board Resolution For Power Of Attorney

Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc

What is a Board Resolution For Power Of Attorney?

A Board Resolution For Power of Attorney is essential when a company needs to delegate authority for specific actions or transactions. Commonly used in Singapore for situations where company representatives need to execute documents, conduct transactions, or represent the company in various matters. The resolution must comply with Singapore's Companies Act and corporate governance requirements, and typically includes details of the powers granted, any limitations, the duration of authority, and specific actions the attorney can undertake. This document is particularly important for companies operating internationally or requiring representation in multiple locations.

What sections should be included in a Board Resolution For Power Of Attorney?

1. Title and Date: Formal identification of the resolution and date of passing

2. Company Details: Full legal name, registration number, and registered address

3. Preamble: Statement confirming proper meeting notice and quorum

4. Resolution Text: Specific powers being granted and attorney appointment details

5. Execution Block: Signature spaces for directors and company secretary

What sections are optional to include in a Board Resolution For Power Of Attorney?

1. Recitals: Background information explaining why the POA is needed - use when additional context is required

2. Limitations of Authority: Specific restrictions on attorney's powers - use when the POA is to be limited in scope

3. Duration: Specific term of the POA - use when POA is not intended to be permanent

What schedules should be included in a Board Resolution For Power Of Attorney?

1. List of Specific Powers: Detailed enumeration of attorney's authorized actions

2. Copy of Board Meeting Minutes: Evidence of proper authorization process

3. Specimen Signature: Sample signature of appointed attorney

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Singapore

Publisher

Genie AI

Document Type

Board Resolution

Cost

Free to use
Industries

Companies Act (Cap. 50): Primary legislation governing corporate matters in Singapore, including company powers, directors' authorities, requirements for board resolutions, corporate decision-making, and corporate governance requirements

Mental Capacity Act (Cap. 177A): Legislation covering provisions relating to powers of attorney, including scope and limitations of attorney powers

Lasting Power of Attorney (LPA) Regulations: Singaporean regulations primarily focused on individual powers of attorney, but containing relevant principles that may apply to corporate POAs

ACRA Practice Directions: Guidelines from the Accounting and Corporate Regulatory Authority covering corporate governance and filing requirements

Business Registration Act: Legislation governing requirements for corporate documentation and record-keeping in Singapore

Company's Constitution: Internal governing document (formerly Articles of Association) that may contain specific requirements for POAs and board resolutions

Board Policies and Procedures: Existing internal company policies that may affect the drafting and execution of the power of attorney

Corporate Governance Code: Guidelines for corporate governance practices in Singapore that may need to be considered if applicable to the company

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Special Board Resolution

A formal document recording major board decisions under Singapore company law, requiring special notice or higher voting thresholds.

find out more

Resolution To Add Signatory To Bank Account

A Singapore-law governed corporate resolution authorizing a new bank account signatory, compliant with local banking and company regulations.

find out more

Resolution For Transfer Of Shares

A Singapore corporate document authorizing and recording the transfer of shares between parties under Singapore law.

find out more

Omnibus Board Resolution

A Singapore-compliant corporate document that consolidates multiple board decisions into a single formal resolution.

find out more

Non Profit Resolution To Open Bank Account

A formal resolution under Singapore law authorizing the opening and operation of a bank account for a non-profit organization.

find out more

First Board Meeting Resolution

A formal document recording the initial decisions made by the board of directors of a newly incorporated Singapore company.

find out more

Directors Resolution For Dividends

A Singapore corporate document recording the board's formal decision to declare and pay dividends to shareholders.

find out more

Closure Of Bank Account Board Resolution

A Singaporean corporate document recording board approval for closing bank accounts, compliant with local regulations.

find out more

Change Of Directors Resolution

A formal Singapore corporate document recording changes to company directorship, required by ACRA and the Companies Act.

find out more

Board Resolution For Call On Shares

A Singapore corporate document recording the board's decision to require payment on partly paid shares.

find out more

Board Resolution For Bank Guarantee

A Singapore-compliant corporate resolution authorizing the procurement of a bank guarantee and designating authorized signatories.

find out more

Board Resolution For Appointment Of Nominee Director

A Singapore-compliant board resolution documenting the formal appointment of a nominee director to a company's board.

find out more

Board Resolution For Appointment Of Corporate Representative

A Singapore corporate document authorizing the appointment of a representative to act on behalf of the company.

find out more

Board Resolution For AGM

A formal document recording resolutions passed at a company's Annual General Meeting under Singapore law.

find out more

Board Resolution For Acquisition Of Business

A Singapore board resolution documenting directors' approval for business acquisition and authorizing its execution.

find out more

Board Resolution Change Of Registered Office

A Singapore corporate document recording the board's formal approval to change the company's registered office address.

find out more

Board Resolution Authorizing Issuance Of Shares

A Singapore corporate document recording the board's formal authorization to issue new shares in accordance with Companies Act requirements.

find out more

Board Resolution Authorized Representative

A Singapore-compliant board resolution appointing an authorized representative with specific powers to act on behalf of the company.

find out more

Board Resolution Approving Financial Statements

A Singapore corporate document recording board approval of company financial statements in compliance with Companies Act requirements.

find out more

Board Resolution Accepting Resignation Of Director

A Singapore corporate document formally recording the board's acceptance of a director's resignation.

find out more

Board Resolution To Change Registered Agent

A Singapore corporate document recording the board's formal decision to change the company's registered agent, as required by ACRA.

find out more

Board Resolution Ratifying Prior Acts

A Singapore corporate document that formally approves and validates previous company actions through board resolution.

find out more

Board Resolution For Working Capital Loan

A Singapore-compliant corporate resolution authorizing the company to obtain a working capital loan from a financial institution.

find out more

Board Resolution For Transfer Of Vehicle

A Singapore corporate document authorizing the transfer of vehicle ownership through a formal board resolution.

find out more

Board Resolution For Sale Of Shares Of Subsidiary Company

A Singapore corporate document authorizing the sale of shares in a subsidiary company through board approval.

find out more

Board Resolution For Sale Of Company Property

A Singapore-compliant corporate document recording board approval for the sale of company property and authorizing its execution.

find out more

Board Resolution For Resignation Of Company Secretary

A formal board resolution under Singapore law documenting the acceptance of a company secretary's resignation and ensuring compliance with ACRA requirements.

find out more

Board Resolution For Purchase Of Shares Of Other Company

A Singapore board resolution documenting the approval to purchase shares in another company, in compliance with local corporate laws.

find out more

Board Resolution For Private Limited Company

A formal document recording decisions made by a company's Board of Directors in Singapore, complying with the Companies Act and ACRA requirements.

find out more

Board Resolution For Opening A Branch Office

A formal board resolution authorizing the establishment of a branch office in Singapore, compliant with local regulatory requirements.

find out more

Board Resolution For Joint Venture

A Singapore-compliant board resolution authorizing the formation of a joint venture and delegating necessary powers to execute the arrangement.

find out more

Board Resolution For Increase In Paid Up Capital

A Singapore corporate document recording the board's formal decision to increase the company's paid-up capital.

find out more

Board Resolution For Increase In Authorised Share Capital

A Singapore corporate document recording the board's formal decision to increase the company's authorized share capital limit.

find out more

Board Resolution For Incorporation Of Company

A formal Singapore board resolution documenting decisions made for incorporating a new company under Singapore law.

find out more

Board Resolution For Digital Signature

A Singapore-compliant board resolution authorizing the implementation and use of digital signatures for corporate documents.

find out more

Board Resolution For Declaration Of Dividend

A Singapore corporate document recording the board's formal decision to distribute dividends to shareholders, in compliance with Companies Act requirements.

find out more

Board Resolution For Creation Of Charge

A Singapore corporate document recording board approval for creating security over company assets, complying with Companies Act requirements.

find out more

Board Resolution For Closure Of Subsidiary Company

A formal Singapore corporate document recording the board's decision to close a subsidiary company, complying with local corporate law requirements.

find out more

Board Resolution For Closure Of Business

A formal Singapore corporate document recording the board's decision to close the business and initiate the winding-up process.

find out more

Board Resolution For Change Of Financial Year

A Singapore corporate document recording the board's formal decision to change the company's financial year end date, in compliance with Companies Act requirements.

find out more
See more related templates

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it

2 Docs LeftAccess Now