, How to make General Power of Attorney for your business (Professional help) ~ CS GAURAV SHARMA

April 14, 2017

How to make General Power of Attorney for your business (Professional help)


For Customize General Power of Attorney for your business  or any query contact us on 9990694230 or [email protected] 



Stamp Duty to be applicable as per relevant State stamp act
GENERAL POWER OF ATTORNEY

This DEED OF GENERAL POWER OF ATTORNEY executed on this ......... day of  ..........., 20......

BETWEEN:             M/s.  .................................................................., bearing its CIN : .......................................,                         having its registered office at ...............................................................................................,                           hereinafter referred to as the PRINCIPAL on the ONE PART represented by Mr/Ms. Mrs.-------                        ----, Director of the Company;


AND:                      Mr./Ms. ....................................... S/o. D/o, Mr. ..................................., aged about ............ years, residing at ...................................................... hereinafter referred  to as the  ATTORNEY on the OTHER PART;



WHEREAS the PRINCIPAL is the owner of the property more fully described in the schedule hereunder;

WHEREAS the PRINCIPAL due to preoccupation with his/her domestic affairs and old age could not maintain the property more fully described in the Schedule hereunder;

NOW THIS GENERAL POWER OF ATTORNEY WITNESSETH AS FOLLOWS:

(i) KNOW YE ALL MEN, I, Mr/Ms/Mrs.________________,  on behalf of the PRINCIPAL, herein, do by these presents, appoint and constitute______________________, S/o ____________________, the ATTORNEY herein, as my true and lawful attorney to do the following acts in respect my property more fully described in the Schedule hereunder:

(a)      to execute the sale deed in favour of any person whom the Agent thinks fit and proper and to present the same before the Sub Registrar concerned having jurisdiction for completing the registration.
     
(b)     to execute any other document that may be required for developing the property more fully described in the Schedule hereunder or to mortgage/lease etc.and to get the same registered;

(c)      To sign on behalf of me in any banks or financial institutions to raise loans for me and on my behalf;

(d)     To sign applications for mutation of names in the revenue, local body and other Government records in favor of the Purchaser.

(ii) I hereby state that I will confirm and ratify the above acts done by my above Attorney in pursuance of these presents.

(iii) The Agent is accountable to maintain accounts with regard to the transactions carried out by the Agent in respect of the property more fully described in the Schedule hereunder and to cause to me whenever required by me;

(iv) I have not received any consideration on behalf of the Principal from the Agent for executing this Power.

SCHEDULE OF PROPERTY


Nature of land
 
Name of the Village
 
Survey No.

New Survey No.

Extent

Linear measurement
East to West on the
Northern side             feet;  Southern side      feet;  
North to South   on the
Eastern side            feet ; Western side             feet;
Boundaries
 NORTH by:   
 EAST by:                
 SOUTH by: 
 WEST by: 
Taluka
 
Revenue District
 
Town Panchayat
 
Sub Registration District
 
Registration District



Signed this ______________ day of ___________________, 20_____.


_____________________
……………………………………….

For {Enter FULL COMPANY NAME}



__________________
…………………………………
Managing Director/Director/CEO/Partner/Proprietor

I Agree and accept to the above

_____________________
(Signature of Attorney)

IN WITNESS WHEREOF, this deed has been executed by the Parties hereto the day, month and year hereinabove mentioned.

WITNESS:
                               
____________________________                                               _____________________________
1) ………………………………………………….                                 2) ………………………………….…………...….
Age:                                                                                        Age:
Add:                                                                                       Add:

Occ:                                                                                        Occ:



Company Secretary GAURAV SHARMA+919990694230 Connect on Watts App with Gaurav Email us [email protected] Submit your guest articles for our website click here we will publish it Subscribe our Email updates like other 100,000 Members, Free/Easy/Comfortableway