Kanchan Khatana And Associates

 Kanchan Khatana And Associate's

 22 Years Exp

 Special Power of Attorney (Show More)

 Gurgaon , Chakkarpur

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Overview

A Special Power of Attorney is different from the General Power of Attorney. When you want to get any particular or specific act done and you are not in a position to do it yourself due to reasons like being abroad, or hospitalized or travelling etc, you require the help of someone close to you to do it. But you can’t orally entrust someone to act for you because that can put you into trouble if the person didn’t act according to your wish but to his own wish. In such cases you can give the Special powers to the person by making a deed of Special Power of Attorney.

To make a Special Power of Attorney deed, you have to do the following:

    Drafting – Draft the deed giving all the details.
    Print on Stamp paper – Print the document on a Stamp paper of appropriate value (this may vary from State to State). This step mandatory for the Power of Attorney deed unless you are living abroad.
    Registration (for property transactions) – Register the deed in a Sub-Registrar office where the property is situated by paying appropriate charges.
    Signature – The drafted POA should be duly signed by the Grantor (person who gives the power). Two Witnesses should attest it by signing the deed. If being Registered the signatures are to be done in the presence of the Registrar.

The person who grants the power in the deed is termed as Grantor or Principal. The person to whom the power is granted is termed the Agent or Attorney.

How to make it legally valid?

To make the Special Power of Attorney created by you legally valid, follow these steps:

    The deed should be made on a Stamp paper of appropriate value according to the Rules of the State where it is to be registered.
    The Grantor should sign the deed in all pages at the bottom.
    Two Witnesses should sign and attest the deed at the end of the document.
    The Special Power of Attorney deed can be attested by a Notary Public with the seal and signature if it is not involving any immovable property.
    Special Power of Attorney deed has to be compulsorily registered from a Sub-Registrar office where the property is situated, if immovable property of value of Rs.100 or above is the subject matter of the deed. Appropriate Registration charges are to be paid as per the State Rules.

Things you must know about drafting and registering PoA

    The person making the Special Power of Attorney deed should first and foremost be mentally capable and sane and should understand what he/she is doing.
    The Special Power should be granted only for a particular or specific act to be done by the Attorney. There should not be any generalisation of power granted. It should be very specifically and clearly stated as to what exactly is the nature of work that the Attorney has to perform.
    If the Grantor cannot understand the language of the deed, it has to read out to him and thumb impression shall be taken if he is illiterate.
    Registration and stamp duty rules vary from State to State. Some States require compulsory registration of any kind of Power of Attorney deeds
    Getting the deed notarised is not equal to registration. Notarisation is just an authentication that the deed was made and signed by the Grantor. Hence if the Rules demand registration the document should definitely be registered from a Sub-Registrar office only.

Can people living abroad create a power of attorney?

If you stay outside India in some other country, and you want to give power to a person in India, then you have to follow these steps to make a Power of Attorney deed.

    Draft the deed on a plain white paper.
    Attest the draft from the Indian Embassy or Consulate in that country by a Notary there.
    The Grantor has to sign in all pages of the deed
    Send the attested Power of Attorney deed to your known person in India by registered post or courier.
    The person to whom you send the deed should get it registered in the appropriate Government office as per the State rules. It can be either the Sub-Registrar office or the Sub -Divisional Magistrate office.


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Name : Kanchan Khatana And Associate's

Law Firm Name : Kanchan Khatana And Associates

Country : India

City : Gurgaon

State : HARYANA

Practicing Since: 2003

About Your Firm : Kanchan Khatana and Associates is a full service law firm, headquartered in India, while offering cutting edge blend of capabilities to corporations, individuals and international entities across the globe. We are distinguished not only by the depth and scope of our legal advisory services, but also by unmatched experience and international exposure that enables us to handle deals and cases of any size and complexity. Over the years, we have built a reputation for high quality work, a positive outlook, and the highest standards of service and ethics. The Firm continues to expand and now, we have notably become the counsel of choice. At Kanchan Khatana and Associates, providing effective and efficient assistance to our clients is our foremost aim. The clients benefit from our approach of viewing issues from both a business as well as a legal perspective; focusing on problem avoidance, not just problem solving. With a sophisticated understanding of changing business environment intersecting with law, public policy and technology, the Firm is positioned to protect and advance its clients’ business interests in the present era of globalization. We have a highly qualified and responsive team comprising of young as well as senior legal professionals who have been recognised and honoured for their outstanding contributions in their respective areas of law. Our emphasis is on identifying the client’s needs down to the last detail, ensuring that our work is technically faultless and ultimately managing our projects to surpass our client’s expectations. Our Firm represents varied clients Multinationals, Indian and Foreign Corporate bodies, and individuals in an array of matters.

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