Legal advice

Is it possible to remotely revoke all the powers of attorney previously issued by the company?

30.09.2020 Ekaterina Nedilko, lawyer

If a member of the board has a separate right of representation, then he or she may revoke all the powers of attorney previously issued by the company by applying to a notary. This can be done online on the portal: https://www.latvijasnotars.lv/services/2. It is necessary to agree with any notary of your choice on the time of the virtual visit in video mode, during which the contract will be signed electronically. To do this, a member of the board will need an activated electronic signature. Information about the electronic signature can be found at the website: https://www.eparaksts.lv/en/Produkti/Privatpersonam/eid/eid_apraksts.

If the company had issued a procuration, not a power of attorney, then it is necessary to apply to the Register of Enterprises of the Republic of Latvia. More information on revoking the procuration can be found at the following link:https://www.eparaksts.lv/en/Produkti/Privatpersonam/eid/eid_apraksts.

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