Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Can the authorised signatory who has the right to Authorise, modify the instruction captured by the authorised signatory having the right to Capture?

0
Posted

Can the authorised signatory who has the right to Authorise, modify the instruction captured by the authorised signatory having the right to Capture?

0

No. An instruction once captured cannot be modified. If the person having the right to authorise finds any errors / discrepancies in the instructions already captured, he should not authorise such instructions and instructions which are not authorised will not have any effect. In such cases, the correct instruction will have to be captured and duly authorised.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123