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PK CDC Format of Power of Attorney 2016-2025 free printable template

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FORMAT OF POWER OF ATTORNEY TO BE MADE ON STAMP PAPER OF RS 200/ (For IAS Karachi & IAS Islamabad) & Rs.500/ (for IAS Lahore) DULY ATTESTED BY NOTARY PUBLIC) SPECIAL POWER OF ATTORNEY FOR OPERATING
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How to fill out PK CDC Format of Power of Attorney

01
Start with the title 'Power of Attorney'.
02
Identify the principal (the person granting authority) by providing their full name and address.
03
Clearly state the agent's (the person receiving authority) full name and address.
04
Specify the powers granted to the agent, outlining what actions they can perform.
05
Include the effective date of the Power of Attorney and any conditions for its use.
06
Include a statement that the document revokes any prior Power of Attorney if applicable.
07
Ensure the principal signs the document in the presence of a notary public.
08
Have the notary public sign and stamp the document to validate it.
09
Provide copies to the agent and any relevant parties.

Who needs PK CDC Format of Power of Attorney?

01
Individuals who want to delegate decision-making power for financial, legal, or medical matters.
02
Persons planning for future incapacity or health issues.
03
Individuals in need of someone to manage their affairs while they are unavailable or incapacitated.
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The PK CDC Format of Power of Attorney is a legal document that grants authority to an individual or entity to act on behalf of the principal in financial or legal matters, specifically in the context of PK (Pakistan) and CDC (Central Depository Company).
Any individual or entity that wishes to authorize another person to manage their financial securities or investments through the Central Depository Company in Pakistan is required to file the PK CDC Format of Power of Attorney.
To fill out the PK CDC Format of Power of Attorney, you should provide the full names and identification details of the principal and the attorney, specify the powers being granted, and include any necessary identification documents. It is also advisable to have the document notarized.
The purpose of the PK CDC Format of Power of Attorney is to legally empower another person to handle specific transactions and decisions regarding investments and financial securities on behalf of the principal.
The information that must be reported includes the names and CNIC (Computerized National Identity Card) numbers of the principal and attorney, details of the powers granted, and any other relevant legal identification that may be required by the Central Depository Company.
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