Can a company/ legal entity give a Power of Attorney?

Yes. A Power of Attorney issued by a company is a legal document made by a company that authorises a person (the “agent”) to act on its behalf and/or sign certain documents on its behalf. The most common reason for a company to issue a Power of Attorney is if one of the directors, who would usually sign documents on behalf of the company, is unavailable. If that person is unavailable, then the company may be unable to conduct its ordinary business (such as entering into agreements, signing cheques or other day-to-day documents etc.). Therefore, using a POA, a company can appoint another person to manage the business in the absence of the company’s director or general manager.