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What is the Proxies / Power of Attorney?


can you show me an example for an investment company

Power of attorney means that you give complete control over to some one else..eg. You have a company but you need to go away for a few years so you sign power of attorney over to me, which means while your away the company basicly belongs to me, I dont own it but I have all the decision making power as if I did own it...hope this helps

Poer of attorney is you are giving some one authority to take decisions for you.

In an investment company you are giving your money to someone to invest it for you to get maximam return. Usually the person get commision on the income earned on investment and usually that person is qualified finance manager.

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