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K MONDAL & ASSOCIATE ADVOCATES
K MONDAL
15 Years Exp
General Power of Attorney (Show More)
Kolkata , Council House Street
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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 : K MONDAL
Law Firm Name : K MONDAL & ASSOCIATE ADVOCATES
Country : India
City : Kolkata
State : WEST BENGAL
Practicing Since: 2010
About Your Firm : We Have Been Providing Legal Support And Services To Our Clients For Last Few Decades In Kolkata & All Over India, Especially And Exclusively, In The Field HIGH COURT MATTERS and in the field of PROPERTY Verification, Searching, Registration, Drafting Of Document, Conveyance, Deed I.e Gift, Lease, Mortgage, Power Of Attorney, Documentation Etc With Pick Up Facilities Of Documents From Your Place. Our Lawyers Can Provide You Legal Services In The Following Areas: FAST SEARCHING AGREEMENTS POWER OF ATTORNEY PLAN SALE OF PROPERTY ACQUISITION MUTATION PROPERTY DEVELOPMENT ; PROPERTY INVESTMENT PROERTY MANAGEMENT SHARED OWNERSHIP PROPERTY DISPUTE & PROPERTY LITIGATION WILLS, TRUSTS AND PROBATE after Choosing A Property The Verification Of The Property Is Required. For The Proper Execution Of The Deed Of Conveyance/sale/gift/partition Etc One Must Take The Help Of An Experienced Lawyer Who Is Expertise In The Field Of Property Law And Also With Latest Updates Of Law. Our Experience Panel Of Lawyers Of Supreme Court, High Courts & District Courts Look After All The Property Relating Matters In Kolkata And All Over India. Our Property Lawyers Take Every Necessary Action For Every Single Case To Give The Best Result & Service To Our Dear Clients So That Our Valuable Clients Can Enjoy Their Property In Peace.
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