Indian Power Of Attorney Format

This is very important as the document will not be valid unless you attest it first.
Indian power of attorney format. There is a specified eligibility criterion as per the indian contract act to be eligible for the power of attorney forms. It specifies exactly what deeds or transactions the designated person can complete on your behalf. Generally to do all acts deeds and things for me in my name on my behalf in respect of my said property as my said attorney may deems it proper. 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.
For services of legal format drafting and vetting of legal documents we are providing full support through our well connected legal help club. 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. 3 send the deed to the indian consulate. 5 get power of attorney attested by the indian consulate embassy and send it to india.
One must follow the power of attorney format india mandatorily. And all acts deeds and things done my said attorney shall be binding on me in all respects in witness whereof i have signed this gpa in the presence of the following witnesses. Individuals below the age of 18 years. The people who cannot claim for the power of attorney format include.
This general power of attorney format or power of attorney format for a property is available in pdf and docs format for free download. General power of attorney format of power of attorney instructions when power of attorney is executed in india by non resident indians 1. 1 attest the power of attorney. 2 apply for apostille to secretary of the state.
This power of attorney is also known as a letter of attorney. Register power of attorney in india. You need a special poa with the exact real estate address mentioned to make it valid for managing bank loans rental management possession of flat registration of real estate in indian registrar office and other purpose. 100 in the state of maharashtra.
A power of attorney must be wisely created and given to a trustworthy person. Procedure for an nri power of attorney format. A special poa is narrower in scope. 4 pay the charges at the consulate.
The person appointed referred to as an agent or attorney in fact and the person who appoints is known as the principal. Builder or developer will also ask for registered poa to give you possession of flat and get it registered in your name. The agent must also be very cautious before accepting a power of attorney. 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.
It is a 5 step procedure. It is specially drafted for india. Special power of attorney format. Once your power of attorney is attested by the indian consulate embassy you can send it to india.