Power Of Attorney Format India

It specifies exactly what deeds or transactions the designated person can complete on your behalf.

Power of attorney format india.

The agent must also be very cautious before accepting a power of attorney. It is specially drafted for india. General power of attorney format for nri by law advisor india for nris in usa what is the general power of attorney format for nri. Under this the power of attorney format for authorized signatory is limited only for the duration mentioned.

Register power of attorney in india. A power of attorney must be wisely created and given to a trustworthy person. For services of legal format drafting and vetting of legal documents we are providing full support through our well connected legal help club. This general power of attorney format or power of attorney format for a property is available in pdf and docs format for free download.

Sample special power of attorney nri property in india. A power of attorney poa is a legal and written document that allows you to appoint any other person or any organization to handle your business affairs and any legal matters. Print on plain a4 paper 2 witness sign your sign register in registrar office. Here is the general power of attorney format for nri.

Builder or developer will also ask for registered poa to give you possession of flat and get it registered in your name. 100 in the state of maharashtra. Power of attorney can be authenticated before a registrar or sub registrar within whose district or sub district the principal resides and in case a power of attorney is executed outside of india it can be authenticated by a notary public or any court judge magistrate indian counsel or via counsel or a representative of the central government. Special power of attorney sample for property management in india by nri.

This power of attorney is also known as a letter of attorney. Procedure for an nri power of attorney format. Sharing rights with any of your family member or a friend by issuing a registered power of attorney is the legal and correct way of managing the property bank loans stocks and other assets located in india. This general power of attorney form is drafted by our legal and law experts.

The person appointed referred to as an agent or attorney in fact and the person who appoints is known as the principal. Durable power of attorney. Once your power of attorney is attested by the indian consulate embassy you can send it to india. However if the individual becomes mentally unstable or faces some health issues the agent will still hold the power of attorney according to the specified period.

The power of attorney is to be executed on a non judicial stamp paper of the requisite value as per the stamp duty prevalent in the respective state rs. In case you have any trouble get in touch with our panel of best nri lawyers to draft a power of attorney online. A special poa is narrower in scope.