International Power Of Attorney India
Special power of attorney.
International power of attorney india. International power of attorney. A poorly drafted power of attorney may become a bone of contention between the affected. Overseas attorney if the power of attorney is created in the foreign jurisdiction it can be drawn up according to local laws. Builder or developer will also ask for registered poa to give you possession of flat and get it registered in your name.
Nri power of attorney to sell property in india. However it should be signed in the presence of a relevant notary. Again be very careful and make sure to hand over a power of attorney to a trustworthy person. The attorney in fact must be a responsible and cautious person.
The agent must also be very cautious before accepting a power of attorney. 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. 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.
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. As soon as the process is complete and the indian consulate has attested your power of attorney you can send it to india. Once your power of attorney is attested by the indian consulate embassy you can send it to india. 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.
In essence a power of attorney gives the designated person the power to execute deeds or sign certain contracts on your behalf. A special poa is narrower in scope. A power of attorney must be wisely created and given to a trustworthy person. Power of attorney definition and function.
Register power of attorney in india. Send your power of attorney to india.