General Power Of Attorney Form India - Page 2

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What is general power of attorney form India?

A general power of attorney form in India is a legal document that grants an individual or an organization the authority to act on behalf of another person in various financial and legal matters. It gives the appointed person, known as the attorney-in-fact, the power to make decisions, sign documents, and carry out transactions on behalf of the person granting the power of attorney, known as the principal.

What are the types of general power of attorney form India?

In India, there are primarily two types of general power of attorney forms: 1. Simple Power of Attorney: This type of power of attorney grants the attorney-in-fact general powers to act on behalf of the principal in specific areas, such as managing finances, signing contracts, or making business decisions. 2. Special Power of Attorney: This type of power of attorney grants the attorney-in-fact specific powers to act on behalf of the principal in particular situations, such as selling property, representing the principal in legal matters, or handling investments.

Simple Power of Attorney

Special Power of Attorney

How to complete general power of attorney form India

To complete a general power of attorney form in India, follow these steps: 1. Start by gathering all the necessary information, including the names and addresses of the principal and the attorney-in-fact. 2. Clearly state the powers being granted to the attorney-in-fact in the form. 3. Specify any limitations or conditions on the powers being granted. 4. Ensure that the form is signed and dated by the principal in the presence of witnesses. 5. The attorney-in-fact should also sign the form to acknowledge their acceptance of the powers granted. 6. It is advisable to consult with a legal professional or an attorney to ensure the form is correctly filled out and meets all the legal requirements in India.

01

Gather all necessary information

02

Clearly state the powers being granted

03

Specify limitations or conditions

04

Sign and date the form

05

Attorney-in-fact's signature

06

Consult with a legal professional

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Questions & answers

Can you write your own General Power of Attorney?

Drawing up a General Power of Attorney is easy to do as it's a very straightforward document to complete. Plus it does not need endorsing or countersigning by a solicitor to be effective.

How do you write a General Power of Attorney?

___________ do hereby nominate, appoint constitute and appoint Sri./Smt______________________ S/o. /W/o. aged about _____ years residing at ______________________as my true and lawful power of attorney holder to do the following acts, deeds and things on my behalf and in my name in respect of the schedule property.

How do I get a General Power of Attorney in India?

Procedure for Power of Attorney in India Draft the Power of attorney whether special or general, by a documentation lawyer or through a website. Submit the power of attorney with the Sub-Registrar. Attach the supporting documents with the power of attorney. Attest the power of attorney before the Registrar.

How much does a General Power of Attorney cost in India?

If a General Power of Attorney given to father, mother, brother, sister, wife, husband, son, daughter, grandson, granddaughter or any near relative, without any consideration, then Stamp Duty of Rs. 500/- is only applicable for registration.