Question

Collection of common seals of different joint stock companies and the relevant information about common seals introduction

Answer 1

Common seal is used to authenticate corporation’s legal documents and sign he agreements.  

Explanation:

Administration signs many agreements and contracts on behalf of the company with the aid of common seal. Common seals act as official signature for the company. Document with the common seal is known as the genuine documents of the particular corporation. Common seals should be approved by board. Common seal should be fabricated with the metal.  

Significance of the common seals

• Embodying documentation
• Authentication of the documents
• Authorizing resolution of the boards