MUMTAZSHUMSUDDIN ASSOCIATES
MUMTAZ SHUMSUDDIN
32 Years Exp
General Power of Attorney (Show More)
Ernakulam , Ernakulam High Court
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Overview
Where the principal authorises the Attorney to do certain general acts on his behalf. The word "General" here means that the power must be general regarding the subject matter and not general with regard to powers in respect of a subject matter.
Either you can give a GPA for all your properties, banking transactions, tax matters, registration, legal disputes and court matters etc. Or you can give a general power to any one category like only for all property matters or only for all Banking processes etc. This type of Power is very wide and has lot of risk if the Attorney is not a trustworthy person.
General Power of Attorney is executed by a person in favour of another to act on behalf of him generally. It may include management of property, Court matter/litigations, sale of mortgage of property or any other act.
A person who has attained majority may execute power of attorney in favour of another person who has attained majority including family members like brother, sister, father and mother to act on his behalf. If a power of attorney is executed to sell property in favour of relatives other than those mentioned above, 2 percent stamp duty shall be paid on market value of such property.
If a power of attorney is executed in favour of developers, Builders of apartment, 4 percent stamp duty shall be paid on market value of such property. (see article 5(f) & 41(a), 41(ea), Schedule to Karnataka Stamp Act 1957).
a.GPA automatically gets cancelled on the death of Executant.
b. Principal (Executant) may cancel it any time.
If the Power of attorney is executed for consideration in respect of property it cannot be unilaterally revoked, prejudicial to the interest of the agent (See Sec.202 of Indian Contract Act, 1872).
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Name : MUMTAZ SHUMSUDDIN
Law Firm Name : MUMTAZSHUMSUDDIN ASSOCIATES
Country : India
City : Ernakulam
State : KERALA
Practicing Since: 1993
About Your Firm : Legal firm headed by Advocate Mumtaz Shumsuddin . Specialized in Property matter , verification of title documents , documentation , registration etc , Expert in property , civil and banking Is the Panel lawyer of Major banks - viz - State Bank of India , Union Bank of India ,jammu & Kashmir Bank and is the legal advisor of various private limited companies and firms . Specialized in Banking with skill in SARFAESI issues . Equipped with expert machinaries and juniors and there are three branches in Kerala. Is the Lawyer of Supreme court of India also and the firm has International Recognition also . Sorted out several issues in the property matters and the firm has obtained various recognitions from the reputed areas
| Sr Employee Associated | Sr Employee Enrollment/Reg.No | Sr Employee Enrollment/Reg.State |
|---|---|---|
| Mumtaz Shumsuddin | K/599/1993 | K/599/1993 |
| Jr Employee Associated | Jr Employee Enrollment/Reg.No | Jr Employee Enrollment/Reg.State |
| Alisha Aslam & Amina Ruby faizal |
Legal & Drafting
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