Granting and revocation of powers of attorney
Delegate management, asset, litigation, collection, or commercial powers with precise, registered, and revocable instruments.
Scope
What this service includes
- Drafting of general or special powers tailored to your needs
- Shareholders' meeting minutes or delegation agreement from the granting body
- Protocolization and registry filing of the power
- Revocations and substitutions with timely registry publication
Real cases
When do you need it?
Open banking operations
The bank requires a registered power to operate accounts or contract credit in the company's name.
Delegate daily operations
Regional directors need authority to enter contracts without relying on each individual signature of the CEO.
Executive departure
An attorney-in-fact leaves the company and the power must be formally revoked to prevent acts in the company's name.
Step by step
How the process works
Scope
We define the covered acts: management, assets, litigation, collection, or commerce.
Source document
We prepare shareholders' meeting minutes or an instruction letter depending on who grants the power.
Protocolization
Appearance of the grantor and the attorney-in-fact before our public faith.
Registration
Public Commerce Registry filing and certified copies for banks and counterparties.
Frequent questions
Frequently asked questions
What powers are needed for litigation?
A general power for litigation and collections enables filing and defending lawsuits; certain procedural acts require specific clauses. We draft it in line with court practice.
How do I know if a power is still in effect?
We can issue a certified copy with a current-status notation and verify recorded revocations. This is common practice before closing significant transactions.
Does a revocation bind third parties acting in good faith?
To be opposable to third parties it must be registered with the Public Commerce Registry. We recommend doing so immediately when an attorney departs.
Need to grant or revoke powers?
Grant or revoke powers of attorney with the exact scope and timely registration.