You must inform whom you are authorizing on the company’s behalf to participating as the entity user in the entity master of foreign investment reporting and management firms.
You must let know that you are permitting the person to submit the documents and carry out any official work whenever and wherever required. You must also convey that how the entire company will be subjected to commission or omission as per the decision taken by the authorized person.
Template: 1
[Your Name]
[Your Address]
[Your contact information]
[Date]
[Bank Manager Name]
[Bank Name]
[Bank Address]
Re: Letter of Authorization for Creation Users in Firm
Dear [Recipient Name],
We hereby authorize [Appointed Representative name and designation] holding Permanent Account Number [PAN] to register as Entity User for submission of information in the Entity Master of the Foreign Investment Reporting and Management system (FIRMS) on behalf of our company [company name], having registered office at [company’s address].
We authorize [Appointed Representative name] to make declarations and submit documents, wherever required, on our behalf.
We further confirm that we are liable for and bound by all the acts of commission and omission by the authorized representative.
This letter of authorization will be valid from [Mention the time duration of validation of this authorization]. If you have concerns regarding this, please feel free to contact me via email [Mention your mail id] or call me at [Mention your contact no] .
Sincerely,
[Hand written signature]
[Date]
[Notary or witness if required]
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