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Format For General Power of Attorney GPA
Format For General Power of Attorney GPA
AND WHEREAS my said lawful Attorney shall act on my behalf to do all acts,
deeds and things hereinafter mentioned to say:
WHEREAS the expressions “the executant” and “the attorney” shall, unless
repugnant to the context or meaning hereof, mean and include themselves,
their respective legal heirs, legal representatives, nominees, assigns etc.
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AND WHEREAS my said lawful Attorney shall act on my behalf to do all
acts, deeds and things hereinafter mentioned to say:
(1) To carry on the business of the said all the partnership firms in which
I am the partner and/or to carry on the business of the all the
Companies/LLPs in which I am the Shareholder/Director.
(2) To buy and sell all goods and merchandise connected with the
business of the said Entities and to pay and receive moneys in respect
thereof.
(4) To acquire any premises on rent or other terms for carrying on the
business of the said Entities, including godowns, store rooms for
storing goods.
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(6) To draw, accept, negotiate, pay or satisfy any bills of exchange,
promissory notes, cheques, hundies, drafts, orders for payment or
delivery of money, securities for goods, bills of lading, railway receipts
and other negotiable instruments which the said attorney as partner
may think necessary or desirable in the course of the business of the
said Entities and the promotion thereof
(7) To sign all applications and papers required for obtaining different
kind of licenses and permits from Govt. Municipal and other local
authorities required to be obtained under the law and to obtain such
licences and permits.
(8) To borrow moneys as may be required from time to time for the
business of the said Entities from any bank by way of overdraft or cash
credit account without security or with security by way of
hypothecation or pledge of the goods and moveable assets of the Said
Entities or by mortgage, equitable or legal of any immovable property
of the Entities or by way of drawing hundies or in other way as possible
and with such rate of interest and on such terms and conditions as
the said Attorney may think fit.
(9) To take any moveable property required for the business of the said
Entities on hire or on hire purchase basis on such terms as the said
attorney may think proper and to enter into and execute agreements
in that behalf.
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and other premises required for effectually carrying on the business of
the said Entities or otherwise in my name.
(13) To buy and sell shares, bonds and other securities of any Company,
Govt. Corporations, Local authority or any Government as may he
deemed necessary, which are either owned by me or which are in the
name of the said Entities.
(15) For all or any of the purposes herein contained to enter into and
execute agreements, deeds of any nature such as deed of conveyance,
deed of mortgage, deed of lease or sub lease, hire purchase agreement
or any other deed or document of any nature required to be executed
by or in favour of the Said Entities.
(16) To lodge for registration all deeds executed by the said attorney or
in favour of the Said Entities and/or in my name and which require
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registration under the law and to do all other acts and things required
for completing registration and to pay stamp duties and registration
charges in respect thereof.
(18) To defend any suit or other legal proceedings against the said
Entities and its partners/shareholders/directors for recovery of any
claim or money or property or any other cause of action.
(20) To file, prosecute, give statement, and to sign the petitions, suit,
complaint, application in the courts of India.
(21) To file and prosecute, Petition and all such other cases before
Courts / Forums / Commission / Tribunals of competent jurisdiction
and for doing so sign all necessary documents, pleadings, affidavits,
complaints, plaints, applications, replies / rejoinders, appeals and all
kinds of necessary pleadings / documents on my behalf for filing and
prosecution of such matter.
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(22) To sign all necessary affidavits by way of evidence on my behalf in all
/ any of the aforesaid matter and to appoint advocate for prosecuting
the aforesaid matter.
(25) To insure the property of the Said Entities for any risk and to pay the
premium as and when it becomes due.
(27) To pay income tax and other direct or indirect taxes payable by the
Said Entities and for that purpose to file income tax returns and
produce Books of Account for assessment, and other documents to
appear before Income Tax Officer and other Officers, to file appeals
and other applications against any orders passed by the Income Tax
Officer and other Officers or Appellate authority and for that purpose
to engage Chartered Accountant. Tax Consultants and other experts.
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(28) To write and maintain accounts of all other dealings and business of
the Said Entities and for that purpose to maintain necessary Books
of Accounts and to get them audited by a Chartered Accountant.
(29) To agree to refer any dispute between the Said Entities and other
party in any transaction or any claim made by or against the Said
Entities for moneys or otherwise, to arbitration of one or more
arbitrators and to attend such arbitration on behalf of and to
represent the Said Entities and file all statements of claim, defence
and evidence before the Arbitrator or Arbitrators.
(31) And generally to do and execute all acts and deeds and things as are
necessary to be done or executed for the business of the Said Entities
and which we would be required to do personally in the absence of
this power of Attorney.
(32) That the attorney shall be entitled to appear and to act in all courts,
office of Registrar, and stamp collector in connection with the
properties mentioned hereinabove.
(33) That the attorney shall have full authority to represent the executant
in the aforementioned Banks and act on behalf of the executant to
operate his bank accounts mentioned hereinabove.
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All acts, deeds and things done as stated hereinabove shall be final and
binding on the executant hereof in faith and testimony hereof has set to his
hands to this General Power of Attorney on this ___ Day of ____ in the presence
of the witnesses.
Witnesses: (Executants)
1.
Accepted
2. (_________________)
( Attorney).
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