Which of the following can be treated as the official signature of the company? 1. Rubber stamp 2. A common seal Select correct answer from the options given below.
A
Either 1 or 2
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B
Only 1
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C
1 and 2
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D
Only 2
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Solution
The correct option is D Only 2
A company being an artificial person cannot sign for itself. A seal with the name of the company embossed on it acts as a substitute for the company’s signatures. The company gives its assent to any contract or document by the common seal. A document which does not bear the common seal of the company is not binding on it.