Title: Power of attorney: What Is It and How Can I Create One?
1WHAT IS A POWER OF ATTORNEY, AND HOW DO YOU
CREATE IT?
2INTRODUCTION
There are some situations in life that you cannot
avoid you must deal with them. In rare
instances, people will forego getting a Power of
Attorney established for a person whose
signatures are required but who is unable to read
or write however, most people exercise their
common sense and do so in order to prevent
future instances like this.
3WHAT DOES A POWER OF ATTORNEY MEAN?
A Power of Attorney (also known as a POA) is a
formal, legally enforceable document that gives
a designated person the power to act on behalf
of another. The agent's decision-making, which
may be given extensive or limited authority, may
affect the principal's assets, money,
investments, and medical treatment. The Powers of
Attorney Act of 1882 regulates powers of
attorney (PoAs).
4IS REGISTERING A POWER OF ATTORNEY REQUIRED?
Although POA registration is not required, we
advise you to do so to boost its
authenticity. The POA is required to be
registered under section 32(c) of the Act,
according to the Registration Act of 1908.
5DIFFERENT TYPES OF POWER OF ATTORNEY?
General Power of Attorney (GPA) Special Power Of
Attorney (SPoA)
6What paperwork is required to register a power
of attorney in India?
Proof of the parties addresses. PAN
CARD Aadhaar card Original Id proof and address
proof to display before the registrar. Deed/Docum
ent to be registered
7HOW DO YOU CREATE A POWER OF ATTORNEY?
- Step 1 Get your POA draft ready. the text that
needs to be printed on the document. Step 2
Have it printed out on stamp paper online. Select
the stamp paper, which comes in denominations of
100 or 500, according to your needs. - Step 3 Register it, as in some States doing so
is required. For offline mode, you can go to any
nearby sub-registrar office, and for online mode,
you can search through reliable websites that
are simple to find. - Step 4 Notary attestation is the next action
that must be taken after establishing POA. When
filing a power of attorney for property to the
court, it must be notarized.
8THANK YOU!