The Signature Authorization Form is a critical document used in Pakistani business and legal contexts to formally delegate signing authority within organizations. It is essential for companies operating under Pakistani law, particularly when dealing with banks, government authorities, or other institutions that require verified signatures for official transactions. The document must comply with various Pakistani regulations, including the Companies Act 2017, Banking Companies Ordinance 1962, and relevant State Bank of Pakistan directives. Organizations typically need this form when establishing new banking relationships, changing authorized signatories, or setting up internal controls for document execution. The form includes detailed information about the authorized individuals, scope of their authority, specimen signatures, and verification procedures, making it a fundamental tool for risk management and corporate governance in Pakistani business operations.
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1. Authorization Details: Primary section identifying the authorizing entity (company/organization) and the authorized signatory, including their full legal names and positions
2. Scope of Authority: Clearly defines what types of documents and transactions the signatory is authorized to sign for, including any monetary limits if applicable
3. Duration of Authority: Specifies the time period for which the authorization is valid, including start date and expiry date if applicable
4. Terms and Conditions: States the general terms governing the authorization, including responsibilities and limitations
5. Verification Method: Describes how the signature will be verified and authenticated
6. Revocation Clause: Explains how and when the authorization can be revoked or terminated
7. Attestation: Space for witnesses and notary verification as required by Pakistani law
1. Electronic Signature Authorization: Additional section when electronic signatures will be used, outlining compliance with Electronic Transactions Ordinance, 2002
2. International Authorization: Required when the signature authority extends to international transactions or documents
3. Alternate Signatory: Section designating an alternate authorized signatory in case of primary signatory's unavailability
4. Special Instructions: Any specific requirements or conditions for certain types of documents or transactions
5. Corporate Resolution Reference: Required for companies to reference the board resolution authorizing this delegation of signing authority
1. Schedule A - Specimen Signatures: Contains specimen signatures of all authorized signatories for verification purposes
2. Schedule B - Authorized Documents: Comprehensive list of document types and transactions covered under this authorization
3. Schedule C - Verification Documents: Copies of identity documents, corporate resolutions, or other supporting documentation
4. Appendix 1 - Contact Information: Details for all relevant parties including emergency contacts and alternates
Authors
Relevant legal definitions
Clauses
Relevant Industries
Banking and Financial Services
Corporate
Legal Services
Government and Public Sector
Healthcare
Education
Manufacturing
Real Estate
Technology
Retail
Import/Export
Professional Services
Relevant Teams
Legal
Finance
Corporate Secretarial
Compliance
Treasury
Operations
Risk Management
Corporate Governance
Administration
Banking Relations
Relevant Roles
Chief Executive Officer
Managing Director
Chief Financial Officer
Company Secretary
Director
General Manager
Head of Finance
Department Head
Regional Manager
Branch Manager
Legal Counsel
Corporate Compliance Officer
Treasury Manager
Operations Manager
Finance Controller
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