Power of Attorney PDF
Power of Attorney PDF
Power of Attorney PDF
On
DPC
Mahatma Gandhi Mission’s Law College
Submitted to:
Name: Dr. Sheela Hosamani
Department: Law Faculty (DPC)
Submitted by:-
Name- DEONANDAN KUMAR
Roll No. 129, LL.B 1st Year (2ND SEM).
Power of Attorney:-
A power of attorney is a document that confers on an individual the
authority to act in the position of another in either a complete or
limited capacity. A special power of attorney grants an agent specific
authority to act in the capacity of his principal.
The person who delegates his powers to another is called the principal
or the grantor while the individual who is authorized is known as the
agent. The agent could be granted the power to buy a home, negotiate
a business deal or make cash withdrawals for his grantor.
1
Power of Attorney in simple terms is a document of agency whereby
the principal appoints an agent to do and execute certain acts or
deeds on his behalf. Various definitions can be found in different
enactments like according to the Bombay Stamp Act it is defined as
"any instrument empowering a person to act for and in the name of
the person executing it and includes an instrument by which a person
a not being a legal practitioner is authorized to appear on behalf of
any party in proceedings before any court tribunal or authority"
Every act performed by the agent within the authority of the Power of
Attorney is legally binding upon the persons granting it. A power of
attorney must be given only to a trustworthy person, and only when it
is absolutely necessary. The person who empowers is the Principal
and the person to whom the power is conferred is the Agent.
2
The test to determine under which category a given document falls is
as to what is the subject matter in respect of which power is given and
if it is restricted to some specific matter it is specific else it is general.
3
A special power of attorney should be granted in writing. In some
areas of jurisdiction, the agreement must be duly signed, notarized
and registered before it can become a legally binding document.
Your choice of an agent should be made with caution because you can
be held accountable for the decisions taken by him; especially if it
relates with his responsibilities as an attorney of fact.
WHAT MAKES THE POWER OF ATTORNEY SPECIAL?
The power of attorney becomes a special power of attorney when it is
limited to specific roles. The agreement document will provide you
(agent) with the target tasks you will perform for your principal.
4
SPECIAL POWER OF ATTORNEY
This special power of attorney is executed on the 06day of June Two thousand Twenty
By
[ B]
In favour of
[A]
8
from any other banks/Financial institutions without the written consent
from bank of India.
33. And I do hereby, agree and undertake to ratify the acts, deeds, matters and
things done by the said attorney under this Power of Attorney.
SCHEDULE
(Description of the roperty)
Within-named MR .B B
(Signature of)
Photo Thumb
Imp.
In the presence of:
1. _______________________(Full Name)________________
_________________________ (Address)(Sign. Of Witness 1)
2. _______________________(Full Name) ______________
_________________________ (Address) (Sign. Of Witness 2)
ACCEPTED by the
within named MR . A A
the "Attorney" (Signature of Attorney)
Photo Thumb
Imp.
In the presence of:
1. _______________________(Full Name)________________
_________________________ (Address) (Sign. Of Witness 1) 1
2. _______________________(Full Name) ______________
_________________________ (Address)(Sign. Of Witness 2)
Attested and Identified By: