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POWER OF ATTORNEY FOR NRI’s

A Power of Authority is a written recognized instrument in which one person, referred to as the Donor or Principal, authorizes another person, referred to as the Donee, Attorney, or Agent, to take action on his or her behalf. A Power of Attorney is defined in Section 1A of Power of Attorney Act, 1882, as u201cAny instrument authorizing any specified person to act for and in the name of the person who executes it.

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POWER OF ATTORNEY FOR NRI’s

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  1. POWER OF ATTORNEY FOR NRI’S LEGAL HELP NRI

  2. ABOUT OUR FIRM. A Power of Attorney usually takes effect as soon as the principal signs it. In other cases, the Principal may specify a future event that will affect when and how the Power of Attorney will become effective. Occasionally, it becomes nearly impossible for an individual to manage all of their legal and business activities; this might be due to advanced age, bad health, a lack of knowledge, or any other reason. Power of Attorney enables the individuals to appoint someone in order to perform a specific act or all acts linked with their trade, business, or employment etc.

  3. SPECIAL POWER OF ATTORNEY 03

  4. Special Power of Attorney is granted to carry out a specific task or piece of work. The Special Power of Attorney expires only when the specific task or act is completed. A Power of Attorney can be created by a large number of people, all of whom are empowering the same person in one document, in a situation where there are multiple NRI Principals involved. When comparing an NRI Power of Attorney to a conventional Power of Attorney, the most notable difference is in the manner in which it is legalized in the nation of residence of the NRI.

  5. REQUIREMENTS OF A POWER OF ATTORNEY FOR AN NRI To comply with the requirements governing Non- Resident alien Powers of Attorney, the first step is to draft the Power of Attorney on plain white paper with particular terms and conditions. Two witnesses must sign the Power of Attorney, both of whom must be well known to the Principal who is issuing the Power of Attorney. The Power of Attorney must have the photograph of the Principal. It is mandatory that the attorney is stamped by the Indian Embassy/High Commission/Consulate or by the Foreign Commonwealth Office.

  6. REVOCATION OF A POWER OF ATTORNEY A Power of Attorney issued by an NRI must be revoked in the same manner that it was issued. However, additional steps are taken after the revocation deed is stamped by the Indian High Commission/Consulate/Embassy. The Attorney holder must be issued a legal notice and also the notice must be published in a Newspaper.

  7. GET IN TOUCH WITH US. CALL US ON: SEND US AN EMAIL: GET DIRECTION: 9815099222 query@legalhelpnri.com #60, Sector 4, MDC, Panchkula – 134114, Haryana, India 10

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