who has authority to act on behalf of a company
Law of agency A third party may rely in good faith on the representation by a person who identifies himself as an agent for another. It is not always cost effective to check whether someone who is represented as having the authority to act for another actually has such authority. If it is subsequently found that the alleged agent was acting without necessary authority, the agent will generally be held liable.
Loan In a loan, the borrower initially receives or borrows an amount of money, called the principal, from the lender, and is obligated to pay back or repay an equal amount of money to the lender at a later time.
Premier of South Australia Steven Marshall is the current Premier, having served since 19 March 2018.
President of India Governors of States are also appointed by the President who shall work at the pleasure of the President. Per Article 156, President is empowered to dismiss a governor who has violated the constitution in his acts.