An agreement, power of attorney, cash document or other document may be signed with a simple signature that is almost unidentifiable. The use of a round seal by organisations is not compulsory and neither does it guarantee authenticity. Experts see the prospect of protecting the market against counterfeiting in the development of electronic document management.
Andrew Bezhan, a Counsel and Attorney-at-Law in the Dispute Resolution Practice at Nordic Star Law Offices, commented to Legal Information Agency on whether it is necessary to use a round seal and what to do if a company does not have a seal at all.
To read the full article (in Russian)
Andrew Bezhan
Counsel, PhD in Law, Attorney-at-Law