Power Of Attorney Sample India

This general power of attorney template gives complete discretion to the the attorney in fact i e.
Power of attorney sample india. Builder or developer will also ask for registered poa to give you possession of flat and get it registered in your name. Send your power of attorney to india. Register power of attorney in india. Again be very careful and make sure to hand over a power of attorney to a trustworthy person.
Evaluate a lawyer. 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. The recipient of the power however it can be revoked at any point. 5 steps to give power of attorney from usa for india.
When power of attorney is executed in india by non resident indians 1. Each page of the power of attorney is to be signed and wherever the blanks are filled. Download a free copy of the sample document power of attorney agreements. The attorney in fact must be a responsible and cautious person.
A power of attorney poa is a document that is given to another person chosen by you the power to undertake acts or deeds when you cannot physically be present. Below we will try to explain as clearly and concisely the steps that need to be followed to make your experience as stress. Two witnesses should also sign the deed. More detailed general power of attorney.
Sample special power of attorney nri property in india. Obtaining power of attorney from the uk to 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. Special power of attorney sample for property management in india by nri.
In essence a power of attorney gives the designated person the power to execute deeds or sign certain contracts on your behalf. As soon as the process is complete and the indian consulate has attested your power of attorney you can send it to india. Print on plain a4 paper 2 witness sign your sign register in registrar office. 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.
100 in the state of maharashtra. The person appointed referred to as an agent or attorney in fact and the person who appoints is known as the principal. Power of attorney for execution and presentation before. Attest the power of attorney.
Advocate client power of attorney select a lawyer. Requirements for executing general powers of attorney may vary from state to state to country to country and if you are in doubt about how to execute this document you should. If you live in the uk but still have dealings in india it can be quiet complex trying to obtain information on how to act as or give to another power of attorney. This power of attorney is also known as a letter of attorney.