Detailed General Power of Attorney (India) by OLL
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Detailed General Power of Attorney
TO ALL TO WHOM THESE PRESENTS SHALL COME,
I, ....................... son of .............................. resident of ................... at present residing at ................
Whereas I own various movable and immovable properties in various parts of India described in the Schedule I hereto and I have interest in various firms, companies, association of persons, trusts, societies as partner, proprietor, shareholder, member, trustee, beneficiary, etc. and/or otherwise, described in the Schedule II hereto.
And Whereas I am presently residing out of India as mentioned hereinabove for the time being, I am personally unable to attend to my day to day affairs and for reasons of convenience it is necessary that I should appoint an attorney and confer upon him the powers hereinafter stated.
Now Know ye by these Presents that I the said ................. do hereby nominate and constitute and appoint Shri .......................... son of late ....................... at present residing at ...................... as my true and lawful Attorney for me in the name and on behalf of myself and/or my said Attorney and in any of my said capacities and in the name and on behalf of any partnership firm, association of persons, trustee, beneficiary or businesses in which 1 am now or may in future in any manner become interested to do exercise, execute and perform all or any of the following acts, deeds and things, namely:-
1. Commercial;
1.1. To transact business:-To commence, transact, manage, carry on, close down any of my business and to do all things requisite or necessary or connected therewith including correspondence with any person or authority.
1.2. To buy and sell:-To buy, receive, store and hold and to sell, pledge, hypothecate, give on hire or otherwise deal with any goods, articles, things or movable property.
1.3. To open branches:-To open, establish, conduct, shift and/or close any branch of any business at any place or places.
1.4. To contract:-To enter into, sign, execute, vary, alter, terminate, suspend, and repudiate any contracts.
1.5. Partnership business:-To act as a partner in the firm or firms in which I am a partner at present or become a partner in future and commence, carry on, close, dissolve or retire from any business of any partnership with any person and for the said purpose to do all acts as partner or partners therein including banking operations, execution of partnership, retirement, dissolution or other deeds and documents.
2. Property
2.1. To acquire and to transfer:-To purchase, take on lease, to take charge or mortgage on and to acquire in any manner and to sell, mortgage, settle, charge, lease, grant tenancy or otherwise transfer and/or in any manner and/or on any terms deal with any immovable or real property or properties or any interest therein.
2.2. To manage and maintain:-To hold, defend possession, manage and maintain movable, or immovable properties described in Schedule 1 herein and other immovable properties acquired by me hereafter.
This is a preview. The full template is free on GitLaw.
This document is a comprehensive General Power of Attorney template that allows an individual to appoint an agent to manage their affairs while they are abroad. It covers a wide range of legal powers including property management, commercial business operations, banking, investments, and representation in legal proceedings. The agent is authorized to act on behalf of the principal in personal, business, and fiduciary capacities.
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About this template
What is this template?
This document is a general power of attorney that grants the appointee wide-ranging authority over almost all legal and financial aspects of the Principal's life in India. It contains specific sections for company promotion and trust execution that are not found in basic or special power of attorney forms. It is NOT a Special Power of Attorney, which would limit the representative to a single specific task like a single property sale.
When should you use it?
Use this template when you are moving abroad or cannot personally manage your diverse Indian assets, including businesses, bank accounts, and court cases. If you only need someone to sign a single specific deed, use a Special Power of Attorney instead.
What's inside
| Clause | Name | What it does |
|---|---|---|
| 1 | Commercial | Authorizes the Attorney to transact business, buy or sell movable property, enter into contracts, and act as a partner in partnership firms. |
| 2 | Property | Grants power to acquire, mortgage, or lease real estate, collect rents, pay outgoings, and obtain utility connections for properties in Schedule I. |
| 3 | Companies | Permits the Attorney to promote companies, take shares in the Principal's name, vote at meetings, and act as a director. |
| 5 | Banker/Banking | Allows the opening and closing of accounts, signing of cheques, and operation of safe deposit lockers in the Principal's name. |
| 7 | Representations | Authorizes filing tax returns under the Income-tax Act 1961, Wealth-tax Act 1957, and Gift-tax Act 1958, and appearing before assessing officers. |
| 10 | legal proceedings | Grants the Attorney authority to appoint advocates, sign plaints, and defend or settle legal suits in any civil or criminal court. |
| 14 | To substitute and appoint | Permits the Attorney to appoint sub-attorneys or substitutes to exercise all or any of the powers conferred by this deed. |
Who it's for
- an individual residing outside of India needing local property and business management
- a property owner in India delegating authority to sell or mortgage real estate
- a business partner requiring an attorney to execute partnership deeds and banking operations
- a shareholder needing a representative to attend company meetings and transfer securities
How long it runs and how it's signed
Law it's drafted under
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