
The law desk
DIVESH SHARMA
11 Years Exp
General Power of Attorney (Show More)
Jaipur , Arjun Lal Sethi Nagar
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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 : DIVESH SHARMA
Law Firm Name : The law desk
Country : India
City : Jaipur
State : RAJASTHAN
Practicing Since: 2014
About Your Firm : THE LAW DESK is a law firm growing in the Northern – West part of India, which delivers its best of services in matter of trust, efficiency, and satisfaction, to its clients of various sectors. We believe that we grow with the growing satisfaction of our clients in the work they entrust us. This leads us to make further developments and explorations in different avenues of law. We believe in professionalism and with this zeal we follow the ethics of profession and deliver best form ours to the clients. To be the Preferred Law Firm for our clients and take that relationship forward by making ourselves deserving enough to be their advisors and not just a law firm for their various deals. The members of the Firm are qualified from well established Universities and have extensive and rich legal experience and wide national exposure in their respective practice areas. The experience of associates and depth of their expertise combined with an unlimited desire, enthusiasm and energy to serve, has enabled us to effectively and efficiently resolve the clients’ problems and to suggest practical solutions for their complex legal issues. The Firm’s prime concern is “Client Satisfaction” and it is the backbone of its work culture and the Firm takes great pride in consistently adopting the highest professional standards for clients’ satisfaction. We believe that our path to success is more likely to be found when clients have an access to quality guidance along the way in their matters. Considering crucial needs of the clients, as a sense of responsibility we take personal interest in the all-dimensional success of the clients’ concerns. Our commitment to clients for communicative, responsive, value-added, dedicated and focused attitude in their matters along with cost consciousness and commercially pragmatic in our advice and assistance makes us a different and unique law firm in North Western part of India. To maintain this excellence of service to our clients, the Firm strives to recruit, train and retain lawyers and staff of the highest caliber and professionalism. Due to its good working relations with a number of lawyers and law firms in other jurisdictions ensures ready access to formal legal advice in other jurisdictions whenever needed. The Firm is committed to provide a wide range of legal services, both inbound and outbound, covering the requirements of corporate and individual clients in a timely and a cost-effective manner. We understand the value of client’s trust and are keen to respond as per their expectations. We believe in the ideology that a healthy mind resides in a healthy body and only healthy body can delivers good result but we also know that Health is not valued till sickness comes. In order to stay fit and healthy we keep a strict watch on our working habits and follow step counts on daily basis as a part of our working style. We believe that work can only be efficient if our firm is efficient and healthy.
Manpower/Employee Details
Sr Employee Associated | Sr Employee Enrollment/Reg.No | Sr Employee Enrollment/Reg.State |
---|---|---|
Prateek Kasliwal | (R/1570/2003) | Rajasthan |
Jr Employee Associated | Jr Employee Enrollment/Reg.No | Jr Employee Enrollment/Reg.State |
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