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  • 0c1a6power of Attorney Assignment

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    Ishaan Tandon
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    The document outlines topics to be covered in an assignment on power of attorney, including defining power of attorney, distinguishing it from a will, types of power of attorney, registration requirements, language used, stamp duties, capacity of the grantor, duties of the attorney, duration, revocation, and consequences. It also provides a case to draft a power of attorney, delegating rights to operate bank accounts, collect rent, buy and sell property, and file or defend lawsuits on behalf of a financial institution to its Chief Operating Officer.

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    power of Attorney Assignment

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    0c1a6Power of Attorney Assignment

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    The document outlines topics to be covered in an assignment on power of attorney, including defining power of attorney, distinguishing it from a will, types of power of attorney, registration requirements, language used, stamp duties, capacity of the grantor, duties of the attorney, duration, revocation, and consequences. It also provides a case to draft a power of attorney, delegating rights to operate bank accounts, collect rent, buy and sell property, and file or defend lawsuits on behalf of a financial institution to its Chief Operating Officer.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    5 views1 page

    0c1a6power of Attorney Assignment

    Uploaded by

    Ishaan Tandon
    The document outlines topics to be covered in an assignment on power of attorney, including defining power of attorney, distinguishing it from a will, types of power of attorney, registration requirements, language used, stamp duties, capacity of the grantor, duties of the attorney, duration, revocation, and consequences. It also provides a case to draft a power of attorney, delegating rights to operate bank accounts, collect rent, buy and sell property, and file or defend lawsuits on behalf of a financial institution to its Chief Operating Officer.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    Topics to be covered in assignment of Power of Attorney -(50 Marks)

    1. Definition of Power of attorney.

    2. Difference between Power of Attorney and Will.

    3. Different kind of Power of Attorney.

    4. Registration of Power of Attorney – Is it necessary?

    5. Language used in the Power of attorney document

    6.Stamp Duty payable on Power of Attorney

    7.Capacity of Grantor ( Granter is a person who creates the Power of Attorney)

    8.Duties of Power of Attorney Holder

    9.Duration

    10.Revocation of Power of Attorney.

    11. Consequences of giving a Power of Attorney

    Draft Power of Attorney in the given case - (50 Marks)


    Financial institution named as Turbo Private Ltd. under the authority of its Board of Director
    has given power of attorney to its Chief Operating Officer. Institution has delegated
    following rights -:

    1. To operate bank accounts of institution

    2. To Collect rent of property

    3. To buy and sell property

    4. To file or defend a suit, if any

    Draft Power of attorney to bring into effect the above delegation of rights.

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