Document background
The Certificate of Incumbency and Authority is a crucial document in Indian corporate governance that serves as official verification of a company's leadership structure and their authority to act. It is commonly required when establishing new business relationships, particularly with international partners, opening bank accounts, or engaging in significant business transactions. The certificate provides formal confirmation of who holds specific positions within the company and their authorized powers, making it essential for due diligence processes. Under Indian law, particularly the Companies Act, 2013, this document must be properly executed, often requiring authentication by a Company Secretary or Notary Public. The certificate typically includes detailed information about the company's officers, directors, and their specific authorities, making it a valuable tool for verifying corporate representation and decision-making power.
