Ubaid Ahmed Ghawte
Ubaid Ahmed Ghawte
18 Years Exp
General Power of Attorney (Show More)
Mumbai , Bazargate
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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 : Ubaid Ahmed Ghawte
Law Firm Name : Ubaid Ahmed Ghawte
Country : India
City : Mumbai
State : MAHARASHTRA
Practicing Since: 2007
About Your Firm : Ubaid Ahmed Ghawte is a law graduate from VPM TMC Law College, University of Mumbai. He also worked as an In-House Counsel for M/s. I.B. Enterprise, since November-2011 to April 2015. Mr. Ghawte practiced as an Associate Advocate at the High Court of Bombay and Subordinate Courts at Mumbai, and other quasi judicial Authorities since September 2007 to February 2010 in the chamber of Mr. Mubin H. Solkar, Advocate. Mr. Ghawte’s practiced areas includes all kinds of litigation especially property issues involved including property rights, Injunction Suits, Money Recovery and consumer disputes and rendered professional service in cases relating to Constitutional Law, Service & Administrative law. Argued in Civil and Criminal matters before High Court of Mumbai, Civil Court, Sessions Court, Consumer Court and other quasi judicial authorities in and around Mumbai. He also handled trials of Maharashtra Control of Organized Crime Act before Special MCOCA Court, Mumbai. Non Litigant works like Scrutiny & verification of the property documents and prepared legal opinions and Registration of the Documents.
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Legal & Drafting
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