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This general power of attorney form is drafted by our legal and law experts.
What is general power of attorney india. For services of legal format drafting and vetting of legal documents we are providing full support through our well connected legal help club. It gives the ability to a person an agent or an attorney in fact to sort out financial and other such matters on behalf of a principal some other person. They can be of two types special power of attorney spa and general power of attorney gpa. 1 general power of attorney gpa a general power of attorney that gives all the powers and rights to your attorney in fact to manage all financial decisions including properties paying bills making the investment and any financial transaction that will be conducted on your behalf.
This is a position of significant trust. A power of attorney poa is a legal document. You need not come to india to create the gpa deed. This general power of attorney format or power of attorney format for a property is available in pdf and docs format for free download.
A general power of attorney is usually a document that allows an agent to act on behalf of his principal on more than one matter. You can also make a special power attorney that deals with only one property or transaction. It is specially drafted for india. Hence it needs to be appointed only to a very trustworthy person.
Under general power of attorney for nri the agent can execute almost any act as the principal like opening financial accounts and managing personal finances. A power of attorney allows your appointed agent to take legal decisions related to. You can do it from whichever country you are living in. There is no expiration date on a general power of attorney unless otherwise specified.
General power of attorney format india with pdf docs. In such situations all you need to do is to create a general power of attorney gpa deed in favour of a sincere and trustworthy person. The general power of attorney for nri consists of a wide range of powers and is not confined to any particular work. Power of attorney is a document of agency whereby the principal appoints an agent to do and execute certain acts or deeds on his behalf.
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