International Power Of Attorney India

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.
International power of attorney india. Register power of attorney in india. Nri power of attorney to sell property in india. 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. A power of attorney must be wisely created and given to a trustworthy person.
The attorney in fact must be a responsible and cautious person. Builder or developer will also ask for registered poa to give you possession of flat and get it registered in your name. In essence a power of attorney gives the designated person the power to execute deeds or sign certain contracts on your behalf. Power of attorney definition and function.
There is no such thing as an international power of attorney. For your purpose a power of attorney prepared and stamped in india can be sent to you for your execution which after signing may be notarised affirmed before an official of the indin embassy consulate with his officeial seal. As soon as the process is complete and the indian consulate has attested your power of attorney you can send it to india. Uk attorney powers of attorneys created in the uk need to be professionally translated certified by a notary and validated by the fco.
Again be very careful and make sure to hand over a power of attorney to a trustworthy person. International power of attorney. Send your power of attorney to india. The agent must also be very cautious before accepting a power of attorney.
A poorly drafted power of attorney may become a bone of contention between the affected. A special poa is narrower in scope. Power of attorney is a legal instrument that permits someone called the agent to act on behalf of the client in a particular financial or. Special power of attorney.
Overseas attorney if the power of attorney is created in the foreign jurisdiction it can be drawn up according to local laws. A power of attorney is a special choice for most sellers who have difficulties in attending to the execution and registration of sale deed.