Affidavit Format For Adjudication Of Power Of Attorney

What is adjudication of poa why is it required for nris non resident indians.

Affidavit format for adjudication of power of attorney. The individual being designated under the power of attorney attorney in fact must complete sections 2 and 3. The process of getting the poa adjudicated as per the indian stamp act is called adjudication. The process of getting the power of attorney poa adjudicated as per the indian stamp act is called adjudication. Name of principal granted me authority as an agent or successor agent in a power of attorney.

As adjudication fee. All poas issued in foreign countries due the nri being resident outside india have to be adjudicated to make it a legally accepted document for any property. This is so because the description of the property will be known only after the property is identified. The durable power of attorney is granted by the principal to the agent in order to legally allow the agent to act on behalf of the principal.

That pursuant to rule 74 sec. The word durable with all three kinds of power of attorney poa means that the agent can continue to act on behalf of the principal even he is a mentally challenged person or not. All poas issued in foreign countries due to the nri being resident outside india have to be adjudicated to make it a legally accepted document for any property transaction in india. Application for adjudication should be accompanied by true copy or an abstract of the instrument and also with such affidavit or other evidence as may be necessary to prove that all facts affecting the chargeability of the instrument have been truly setforth in the instrument along with the proof of payment of rs.

The person who grants the power of attorney poa is called principal and the one who receives it is called the agent. I name of agent certify under penalty of perjury that. The power of attorney poa is a legal letter allowing one person to act on behalf of another person. The attorney in facts signature must be notarized in section 4.

When a person is incapable of a certain disease he is unable to. Affidavit for power of attorney. When an nri wants to buy a property in india through a poa heshe need not give the property details in the poa.