Power of Attorney starting

₹ 1999 Onwards Only *

What is the Power of Attorney?

A Power of Attorney (PoA) is a written document that empowers someone to represent or act on behalf of another person in private affairs, business, or other legal concerns, depending on the needs of the individual. A Power of Attorney has the authority to sign official papers, issue cheques, and attend and represent the grantor during legalities. When a principal becomes ill or incapacitated, or when they are unable to sign essential legal documents for financial transactions, then a power of attorney is frequently used.

All About Power of Attorney

Why Power of Attorney?

Protects against Exploitations
To carry out asset protection planning objectives, comprehensive Power of Attorney frequently empower the agent to make large gifts to him or others. Without a Power of Attorney approving this, the agent (typically a family member) may be subject to charges of financial abuse.
Hassle-Free Experience
Taking the effort to sign a Power of Attorney relieves the principal of the physical appearance at court and can assign the Power of Attorney to a trusted authority to obtain authorization to conduct basic activities such as having a bank account or arranging for home health care.

Documents / Details we need

Names and References
Details of both the parties including photographs
Identification of the Parties
Identity proof(Driving License/Voter ID Card/Passport) and Address proof
Purpose of PoA
Defining the purpose of the PoA ( General or Specific )

Important Clauses

Scope of PoA
The Power of Attorney will specify the limit or extent to which one will have the authority to manage specific affairs entrusted to him or her.
Details of Parties & Reasons
This clause will specify defines the details of the parties and also defines the requirements for the Power of Attorney.
Termination of the PoA
When and how the power of attorney is terminated is along with the number of the duration when it will be active is discussed in this section.

What's the process ?

1. Assessment
Our team will reach out to you to obtain the necessary information to assess the PoA’s scope whether it is a general POA or a special POA, as well as any other relevant pieces of information.
3. First Ready Draft
We will complete the first draft of the POA and email it to you for approval within 48 hours. Following approval, any necessary adjustments will be made and submitted to you on the agreed next date.
2. Due Diligence and Drafting
Once we receive the information, we will begin drafting the agreement from the scratch, including defining the reason for the POA, each party's roles, liabilities, powers, usage, and consequences/ breach among other important clauses that will vary depending on the needs of each client.
4. Final Agreement
With a high-quality team of professionals, the entire process of creating the draft and delivering the final copy of the POA will be accomplished in 72 working hours.
1. Assessment
Our team will reach out to you to obtain the necessary information to assess the PoA’s scope whether it is a general POA or a special POA, as well as any other relevant pieces of information.
2. Due Diligence and Drafting
Once we receive the information, we will begin drafting the agreement from the scratch, including defining the reason for the POA, each party's roles, liabilities, powers, usage, and consequences/ breach among other important clauses that will vary depending on the needs of each client.
3. First Ready Draft
We will complete the first draft of the POA and email it to you for approval within 48 hours. Following approval, any necessary adjustments will be made and submitted to you on the agreed next date.
4. Final Agreement
With a high-quality team of professionals, the entire process of creating the draft and delivering the final copy of the POA will be accomplished in 72 working hours.

Why choose us

PERSONALISED SERVICE

A dedicated Case Manager ensures quick turnout to all your queries and tailored solutions that fit perfectly for your requirements.

72 HOURS DELIVERY

All your drafting queries are addressed, understood, and delivered with quality under 72 Hours.

EXPERIENCED TEAM

Our team of dynamic professionals is well experienced and extremely proficient to cater to your needs, ensuring the best service.

24/7 HELPLINE

We are available to address and clarify all your queries round the clock. So you can worry less and focus more on the business.

Frequently Asked Questions

A Power of Attorney is a written instrument that becomes effective immediately after it is signed, unless otherwise stated. Its effective date may be determined by the occurrence of a specific event for example, a decision by your doctor that you are unable to make decisions on your own.
As a person’s workload increases, he becomes increasingly reliant on others to complete tasks. Due to the busy activities of such individuals and their businesses, the execution of a Power of Attorney is required for delegation of authority.
Yes, every Power of Attorney needs to be attested by two or more independent witnesses who are adults of sound mind and with their free consent.
Your Power of Attorney ends when you die. It is not a substitute for a will.
There are two types of Power of Attorney: General and Special. (i) General Power of Attorney (GPA): Under GPA, principal empowers the agent with the right to carry out all legal acts on his behalf without restricting it to a particular transaction or act. It gives the agent a very broad range of powers to act on behalf of the principal. (ii) Special Power of Attorney (SPA): Under SPA, the authority of the agent is restricted to act only in certain matters or only for particular transactions or to carry out a specific legal transaction for the principal as outlined in the deed. The agent’s Power of Attorney expires on the completion of the particular transaction.
Yes, a company happens to be a legal person and is very much capable of granting Power of Attorney provided it is so authorized by its Memorandum and Articles of Association.