Atul Kumar Singh Advocate
Atul Kumar Singh
11 Years Exp
General Power of Attorney (Show More)
East Delhi , Dada Ghosh Bhawan
View Answers by this Partner (0)
Profile Views : 20868
Information
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).
Photos
Name : Atul Kumar Singh
Law Firm Name : Atul Kumar Singh Advocate
Country : India
City : East Delhi
State : DELHI
Practicing Since: 2014
About Your Firm : Atul Kumar Singh Advocate est. K.S. Law Offices in the year 2015 and is serving esteem organization such as Odeon Builders Pvt Ltd, Amarpali Silicon City, Columbia Petro Chem Pvt ltd etc. K.S. Law Offices not only served Private Organizations with best of its abilities but also served govt. Department such as DJB, DDA and DTC. The K.S. Law Offices is know for effective and affordable resolution of dispute and is having vast knowledge in the field of Arbitration Writ Petition Recovery Matters Banks and Financial Institution Matters Cheque Bouncing 138 Matters Mergers and Demerger Matters. Winding up of Company matters Family Matters Consumers matters Criminal/Matrimonial Matters Service/Labour Matters Execution/Suits/Declaration etc. matters and Others. Atul Kumar Singh Advocate represented for and on behalf of K.S. Law Offices in Supreme Court, NCDRC, NCLT, CAT, NGT, state Commission, Delhi High Court, Bombay High Court, Delhi District Courts, Delhi School Tribunal, RCS etc. No Consultation fees for any matters. With Regards Atul Kumar Singh Advocate 955552655
| Sr Employee Associated | Sr Employee Enrollment/Reg.No | Sr Employee Enrollment/Reg.State |
|---|---|---|
| Jr Employee Associated | Jr Employee Enrollment/Reg.No | Jr Employee Enrollment/Reg.State |
Legal & Drafting
NRI Services
Realtors
No Answers Found
