General Power of Attorney (India)
This template is a General Power of Attorney that allows an individual to appoint an agent (attorney-in-fact) to manage their legal and financial affairs. It grants broad powers including managing bank accounts, handling property transactions, initiating legal proceedings, and collecting debts on the principal's behalf.
General Power of Attorney
Know All Men by These Presents that, I, RP s/o late GR, r/o …………………………., do hereby appoint Mr. SK, Advocate, s/o Late BN r/o ………………………….. as many attorney and authorise them to do all or any of the thing jointly or severally on my behalf.
1. That the said attorney shall demand, collect and receive in my name and on my behalf all debt, loans advantages and other claims do to me . The are further empowered to take all lawful proceedings and means to recover and receive the said loans advances and debts etc. They are empowered to prosecute and defend to lawful action suits and claims and refer the matter to arbitrators, file the suit, compromise the suit and execute such instruments as they think proper and necessary.
2. The said attorneys are empowered to borrow from time to time such loans and advances as they think proper in my interest and furnish security of movable and immovable property on such terms and conditions as the think proper.
3. The said attorneys are empowered to sell, exchange, surrender, lease or depose of any houses and buildings lands, etc, which belong to me in such manner as they thing proper and expedient.
4. The said attorneys are empowered to invest my monies as my attorneys as any of the think proper and expedient .
5. The said attorneys are empowered jointly and severally to deposit the monies they collect on my behalf in my bank account.
6. The said attorneys are authorised to draw, accept, endorse, negotiate, retire, and pay any bills of exchange, promissory note cheques, and other negotiable instruments, as they think proper and expedient in my interest.
7. The said attorneys are authorised to operate to my bank account, close the bank account open bank account in some other bank as they think proper and expedient in my interest.
8. The said attorneys are authorised to let out or to give on lease my properties to the persons they think proper, recover rent, already due, and recover the rent as may due in future from time to time. They are further authorised to sue the persons for recovery to rent, to compromise the sue and do all other works concerning with it .
9. The said attorneys are authorised to take the property on lease and execute lease deed for and on my behalf as my attorneys.
10. They are authorised to call upon shares belonging to me and attend the meetings of any company of which I am the shareholders.
11. The said attorneys are authorised to appoint, or remove the agents to look after my estate and fix the salaries etc. of the agent of my behalf as my attorneys.
12. The said attorneys are authorised to do generally of all such things and acts as may attorneys or attorney, which shall be binding on me.
IN WITNESS WHEREOF I have signed this deed of power of attorney in the presence of the following witnesses :
Witnesses :
1…… Signature.
2……
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