Power-of-Attorney

 KNOW ALL MEN BY THESE PRESENTS THAT   I, …………………………….….., aged about……. Years, proprietor of, M/s. AB & Co. having registered office at ……………………………, ………………………………….. for and on behalf of M/s. …………………………………………………………………..., do hereby appoint M/s. ………………………… having there office at …………………as my true and lawful  Attorney to act in my name, for me and on my behalf and do all or any of the acts or things hereinafter mentioned or create any documents or deeds in respect of the execution of the following works undertaken by me under the Agreement No. ………………dated …………20….., ………… dated ……..20…… and ………. dated ……….20…….. entered into with the Managing Director of the ……………………………………. and executed on Two Thousand ……………….. (hereinafter referred to as the said Agreement) and to receive payments due to me under the said Agreements other than those hereunder specified:-.

1. I, hereby further authorise my said Attorney to receive any amount due to me under the terms and conditions of the said Agreements and to receive payment of all bills other than those specified hereunder for sums payable to me under the said Agreement in may name which bills will be accepted and signed by me and to cash and receive the amount thereof and appropriate such receipts to itself towards amounts spent by it or due to it and all other moneys agreed to be payable to it under the Agreement between us and to grant receipt on my behalf in respect thereof.
 
2. The security amount under the said Agreement for the fulfillment of the execution of the said work will be released to me and the retention amount to the Attorney when it becomes due for payment under the terms of the said Agreement and in accordance with Corporation’s  rules and procedure.

3. I authorise my said Attorney to sue for, recover and receive the moneys due in connection with the said Agreement, to conduct or defend proceedings in connection therewith, and to take all steps necessary for realisation of all amounts due to me in this behalf under the said Agreements.
 
4. I, hereby agree that I shall be bound by all that my said Attorney does in connection with the above work in pursuance of this Power-of-attorney. Any amount paid by the Corporation to my said Attorney shall be deemed to have been paid to me personally and I will be absolutely liable for all or any amount paid to my Attorney even if my Attorney has not accounted to me.
 
5. I agree and declare that the responsibility to execute the work and to complete the same in accordance with the said Agreement shall vest with me and my liability will not be terminated or in any way mitigated by this Power-of-attorney.
 
I do hereby declare that all Acts, Deeds and things legally done or executed by the said attorney shall be deemed to be act, deeds and things done by me. I also bind myself to rectify and confirm all and whatever is done or lawfully caused to be done for me on account of power given by this presents. 

IN WITNESS WHEREOF, signed by me, this,………………….. day of………… 20…. 

Signed and delivered in the presence of  

Witnesses :-								
EXECUTOR
 
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