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What is the Special authorization for initiating and ending the procedure of taking over the object of the financial leasing into the actual possession of the lessor?

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What is the Special authorization for initiating and ending the procedure of taking over the object of the financial leasing into the actual possession of the lessor?

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The Special authorization is a document which provides our lawyers with the authority to make and sign, on behalf and for the benefit of the donor of the power of attorney as the Lessee in the meaning of the Article 30 of the Financial Leasing Law, a joint proposal that a court should schedule a hearing at which it will be entered into the records that the parties to the agreement have agreed that in case the lessee fails to make the leasing payment when it becomes due according to the contract, the Piraeus Leasing, as the Lessor, has the right to take over the object of the leasing, as stated in the financial leasing agreement, into its actual possession.

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