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DHANANJAY SRIVASTAVA
20 Years Exp
General Power of Attorney (Show More)
Lucknow , Ghazipur (Lucknow)
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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 : DHANANJAY SRIVASTAVA
Law Firm Name : no firm
Country : India
City : Lucknow
State : UTTAR PRADESH
Practicing Since: 2005
About Your Firm : I am an individual Advocate in the High Court of Lucknow since 2005 and member of Oudh Bar Association. The objective of my carrier is to provide fair and expeditious legal service to the clients while representing them in courts by utilizing my knowledge, skills and hard work. AREA OF PRACTICE LITIGATION Service and Education Matters, Civil & Criminal matters, Consumer matters, Matrimonial matters, Corporate and Commercial Matters, Banking & Insurance, Arbitration/ Mediation , Revenue matters etc. I have been consistently providing professional, accurate and efficient legal advice, support and assistance to individuals as well as organizations in the High court of Lucknow and other / forums/commissions tribunals.Also serving as a Standing Counsel of U.P.State Bridge Corporation and empanelled lawyer in U.P.Rajkiya Nirman Nigam. NON-LITIGATION Drafting assorted Agreements and Contracts, Memorandums and other documentation including Memorandum of Understanding, Articles of Association, Joint Venture Agreements and Amendments, Employer-Employee Agreements, Tripartite Agreements, Principal-Agent Agreements, Special Power of Attorneys, Notices, Deed of Conveyance, Leave and License Agreements, Intellectual Property Contracts and other services including Registration of Trademarks, Copyrights and Patents etc.
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