S & P LAW ASSOCIATES
Stalin Simion Selvamani
19 Years Exp
General Power of Attorney (Show More)
Chennai , Pallavaram
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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 : Stalin Simion Selvamani
Law Firm Name : S & P LAW ASSOCIATES
Country : India
City : Chennai
State : TAMIL NADU
Practicing Since: 2006
About Your Firm : S & P LAW ASSOCIATES is one of the top law firm in Chennai, Tamil Nadu is having more than 7 years of experience in the legal industry. S & P LAW ASSOCIATES is a reputed law firm from Chennai with certain specialization in law such as Property Laws, Corporate Law, Trade Mark, Rent Control Laws, Litigation and Any . Our team consists of experienced and highly skilled professionals practicing in different courts such as All Courts in Chennai . We focus in rendering high quality and timely service to all our clients. We understand the problem and situation of our clients and provide a customized solution for each client by maintaining confidentiality, commitment, and dedication in our work. Our aim is to achieve the highest standard in industry at effective cost. We continuously update our knowledge and skill base in the laws to provide the client with the best possible results and provide best service to all clients who approach us.
| Sr Employee Associated | Sr Employee Enrollment/Reg.No | Sr Employee Enrollment/Reg.State |
|---|---|---|
| STALIN SELVAMANI | 546 OF 2006 | BAR COUNCIL OF TAMIL NADU & PUDUCHERRY |
| Jr Employee Associated | Jr Employee Enrollment/Reg.No | Jr Employee Enrollment/Reg.State |
| RAVIKUMAR | BAR COUNCIL OF TAMIL NADU & PUDUCHERRY |
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