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General Power Of Attorney - Legal Draft

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Category : Agreements Power Of Attorney

To All to Whom these presents shall

come, I ........ of ......Whereas I am desirous

of appointing some fit and proper person to look after all my immovable

properties, business and other affairs and requested Mr. ...... of ........

(hereinafter called 'the Attorney') to act for me and manage and look after my

affairs which the Attorney has consented to doNOW KNOW YOU ALL AND

THESE PRESENTS WITNESS that I, the said ... do hereby appoint the said ..... as

my true and lawful Attorney with full power and authority to do and execute all

acts, deeds, and things as hereinafter mentioned.1.

To

ask, receive and recover from all receivers, farmers, tenants and all other

occupiers whatsoever whether holding under a written lease or agreement or

otherwise. of my lands and buildings, all rents, arrears of rent, services.

issues, profits, emoluments and sums of money now due owing and payable or at

any time hereafter to become due, owing and payable in respect of the same in

any manner whatsoever and also on non- payment thereof to take summary

proceedings to distrain or distress according to law And to give notices to

quit, and vacate and file suits and proceedings in ejectment and to recover

rents and compensation for use and occupation And to make like and appropriate

demands and take like and appropriate actions and proceedings against

trespassers.2.

To

appoint any fit person to be steward, bailiff, receiver or servant for the

management of my lands and premises and to recover rents thereof and the same

or any of such stewards, bailiffs, receivers or servants at pleasure to remove

and displace as the attorney shall think fit.3.

To

contract with any person for leasing for such period at such rent subject to

such conditions as the attorney shall see fit, all or any of the said premises

and any such person, to let into possession thereof and to accept surrenders of

leases and for that purpose to make and execute any lease or grant or other

lawful deed or instrument whatsoever which shall be necessary or proper in that

behalf.4.

To

pay or allow all taxes, rates, assessments, charges. deductions, expenses and

all other payments and outgoings whatsoever due and payable or to become due

and payable for or on account of my said lands, estates and premises.5.

To

enter into and upon my lands and buildings and structures whatsoever and to

view the state and defects for the reparation thereof and forthwith to give

proper notices and directions for repairing the same and to let manage and

Improve the same to the best advantage and to make or repair drains and roads

thereon.6.

To

sell (either by public auction or private treaty) or exchange and convey

transfer and assign any of my lands and buildings and other property for such

consideration and subject to such covenants as the Attorney may think fit and

to give receipts for all or any part of the purchase or other consideration

money And the same or any of them with like power, to mortgage charge or

encumber and also to deal with my immovable personal property or any part

thereof as the Attorney may think fit for the purpose of paying off reducing

consolidating, or making substitution for any existing or future mortgage.

charge, encumbrance. hypothecation or pledge of the same or any part thereof as

the Attorney shall think fit and in general to sanction any scheme for dealing

with mortgages, charges hypothecations or pledges of any property or any part

thereof as fully and effectually as I myself could have done.7.

To

purchase, take on lease or otherwise acquire such lands, houses, tenements and

immovable property generally as the Attorney may think fit or desirable.8.

To

prepare a layout by sub-dividing any land into plots and obtain necessary

approval of any local authority for the same if required.9.

To

develop any land or plot of land vacant or with any building or structure

thereon by constructing new building or buildings thereon and on Flat ownership

basis, to sell the flats and other premises therein on such terms as the

Attorney may think fit and to transfer the land with such building to any

co-operative housing society or company or on Apartment ownership basis and to

execute necessary documents in that behalf.10.

To

enter into any development agreement with any developer or builder authorising

him to develop any of my properties as mentioned above and to do and execute

all acts and deeds as may be required to be done or executed.11.

To

sell or to concur in selling in private sale or In any other manner any of my

stock, merchandise, goods, chattels and other effects, articles and things for

such consideration and subject to such conditions as the Attorney may think fit

and to receive the proceeds thereof and to give receipt for all, or any part of

the sale proceeds or other consideration money.12.

To

pledge, hypothecate or charge or concur in pledging hypothecating or charging

with, to or id favour of a Bank or Banks or any other financier body or

Individual any personal or moveable properties, goods, chattels, merchandise,

commodities, effects and things for such considerations and subject to such

conditions as the Attorney may think fit and for that purpose to sign, execute

and deliver all necessary instruments and deeds of mortgage. charge.

hypothecation, pawn. pledge, lien and trust receipts and to receive the consideration

money or otherwise for such pledge. pawn. hypothecation. charge. mortgage. lien

and the like.13.

Also

to draw, make, sign, accept or endorse pledge, hypothecate or otherwise

negotiate all or any foreign or Inland bills of exchange, hundi, cheques, orders

for payment of money and promissory notes and to sign, seal, execute, deliver,

endorse, accept, assign or transfer all mortgage deeds, bills of lading,

delivery orders or other symbols or Andicia of or documents of title relating

to goods or merchandise, policies of assurances, charter parties, ships

certificates. bills of sale, securities of any Government, municipality or

local authority wheresoever situate or other stocks, shares, debentures,

mortgages, obligations, or other securities of any company or corporation

whether commercial, municipal or otherwise and all and every other public or

other securities, stocks or shares, foreign or otherwise and to deal with the

same and to receive the proceeds thereof respectively.14.

To

purchase, take on hire, borrow or otherwise acquire machinery, tools, spare

parts, raw materials, merchandise commodities, goods, wares, articles, effects

and things and to deal in and with the same and to dispose of the same in such

manner and for such consideration as the Attorney may think fit.15.

To

borrow any sum of money on such terms and with or without security as the

Attorney may think fit for any of the purposes of these presents.16.

To

deposit any money which may come to his hands as such attorney with any banker.

broker. or other person and any of such money or any other money to which 1 am

entitled which now or hereafter is or shall be deposited with any banker,

broker or other person to withdraw and either employ as the Attorney shall

think fit in the payment of any debts or the keeping down of interest payable

by me or the creation of sinking fund for the liquidation of any charges or

encumbrances affecting any moveable and immovable property or any part thereof

or in or about any of the purpose mentioned in these presents or otherwise for

my use and benefit or to invest in any such stocks, funds, shares or securities

as the Attorney may think proper and to receive and give receipts for any

Income or dividends arising from such investments and the same investments to

vary or dispose of as the Attorney may think fit.17.

To

continue and or to open new, current and or overdraft accounts in my name with

any Banks or Bankers and also to draw cheques and otherwise to operate upon any

such accounts.18.

To

engage, employ and dismiss any agents, clerks, servants or other persons in and

about the performance of the purposes of these presents as the Attorney shall

think fit.19.

To

sell any of my present or future investments and for that purpose to employ and

pay brokers and other agents in that behalf and to receive and give receipts

for the purchase money payable in respect of such sales and to transfer any of

my investments so sold to the purchaser or purchasers thereof or as he or they

may direct and for these purposes to sign and execute all such contracts

transfer deeds and other writings and do all such other acts as may be

necessary for effectually transferring the same.20.

To

accept the transfer of any share, stocks, debentures stocks, annuities, bonds.

obligations or other securities of whatever nature that may at any time be

transferred to me.21.

To

attend, vote at and otherwise take part in all meetings held in connection with

any company or corporation with which I am concerned as a member, shareholder

or otherwise or In relation to any of my investments and to sign proxies for

the purpose of voting thereat or for any other purpose connected therewith as

freely as I myself could do.22.

Out

of any of my moneys in his hands or under his control to pay all calls that may

be lawfully made upon me or other expenses that may be Incurred in relation to

any of my Investments and to give security for payment of the same.23.

To

exercise all other rights and privileges and perform all other duties which now

or hereafter may appertain to me as a holder of debentures or shares or stock

in any company or corporation.24.

To

ask, demand, sue for. recover and receive from every person every body politic

or corporate whom it shall or may concern all sums of money, rents, issues,

profits, debts, dues, goods, wares. merchandise, chattels, effects and things

of any nature or description whatsoever which now are or which at any time or

times during the subsistence of these presents shall or may be or become due

owing payable or belonging to me in or by any right, title, ways or means

howsoever and upon receipt thereof or of any part thereof to make sign execute

and deliver such receipts releases or other discharges for the same

respectively as the Attorney shall think fit.25.

To

settle any account or reckoning whatsoever wherein 1 now am or at any time

hereafter shall be in anywise interested or concerned with any person

whomsoever and to pay or receive the balance thereof as the case may require.26.

To

receive every sum of money whatsoever which now is or at any time hereafter may

be due arising or belonging to me upon or by virtue of any mortgage, charge,

pledge hypothecation or other security whatsoever and on receipt thereof to

make, sign. execute and give good and sufficient release or other discharges

for the same and also to sign, execute, make and deliver all proper and

sufficient reconveyances, releases and other assurances of the lands and

premises which shall have been mortgaged or charged as security therefor and

also to consent to any such alteration or modification of the nature or

conditions of the said securities as the Attorney shall think fit.27.

To

compound with or make allowances to any person for or in respect of the

aforesaid debts or any other debt or demand whatsoever which now is or shall or

may at any time hereafter become due or payable to me and to make or receive

any composition, dividend thereof or thereupon and to give receipts, releases

or other discharges for the whole of the same debts, sums or demands or to

settle compromise or submit to arbitration every such debt or demand and every

other claim. right, matter or thing due to or concerning me as the Attorney

shall think most advisable for my benefit and for that purpose enter into.

make, sign, execute and deliver such bonds of arbitration or other deeds or

instruments as are usual in like cases.28.

To

commence any suit, action or other proceedings In any Court of justice and

before any public officer or Tribunal for the recovery or enforcement of any

debt, sum of money, right, title, Interest, property matter or thing whatsoever

now due or payable or to become due or payable or in anywise belonging to me by

any means or on any account whatsoever and the same action, suit or proceedings

to prosecute or discontinue or become non-suit therein If the Attorney shall

see cause And also to take such other lawful ways and means including

proceedings in execution. distress, distraint and the like for recovering or

getting in any such sum of money or other thing whatsoever which shall by the

attorney be conceived to be due owing, belonging or payable to me by any person

whosoever and also to appoint any advocates, solicitors and legal advisers to

prosecute or defend In the premises aforesaid or any of them as occasion may

require And from time to time, them or any of them to remove and other or

others to appoint In their place and to pay them such fees and remuneration as

the Attorney shall think fit or be advised And for all or any of the purposes

aforesaid to sign, execute, deliver. file all necessary vakalatnamas, war-

rants to act, plaints, petitions, applications, defences, statements, ac-

counts, declarations, affidavits, and other documents, papers and writings.29.

To

defend any suit or legal proceedings taken against me in any court of law and

to do all acts and things as are mentioned above.30.

To

accept service of any writ of summons or other legal processes or notice in any

suit or legal proceedings and any person to represent in such court civil or

criminal, or revenue court or tribunal or before any officer or other Tribunal

whatsoever.31.

To

make any declaration or affidavit in proof of any debt or debts due or claimed

to be due to me in any proceedings taken or hereafter to be taken by or against

any person firm or company under any Act or Ordinance for the time being in

force for the relief or otherwise of insolvent debtors or the winding up of

companies and to attend all meetings of creditors under any such proceedings

and to propose, second or vote for or against any resolution at any such

meeting and generally to act for me in all proceedings whether by way of

bankruptcy or liquidation by arrangement or by composition which may be taken

against or for the relief of any debtor as the Attorney shall think fit.32.

To

exercise any power and any duty vested in me whether solely or jointly with

another or others as executor, administrator, trustee or in any other fiduciary

capacity (including powers and trusts to sell or lease land or to receive and

give good receipts for money) so far as such power or duty Is capable of being

validity delegated.33.

And

also to appear before the Registrar or Sub - Registrar of any District or

Sub-District appointed or to be appointed under any Act or law for the time being

in force or otherwise for the registration of deeds, assurances, contracts or

other Instruments and then and there or at any time thereafter to present and

register or cause to be registered any deeds, assurances. contracts or other

instruments In which 1 am or may be by the Attorney deemed to be Interested and

to pay such fees as shall be necessary for the registration.34.

To

enter into, make, sign, seal, execute, deliver, acknowledge, perform all

engagements, contracts, agreements, deeds, declarations, bonds, assurances and

other documents, papers, writings and things that may be necessary or proper to

be entered into, made signed, executed, delivered, acknowledged and performed

for any of the purposes of these presents or to or in which I am or may be party

or in any way Interested.35.

To

appear on my behalf and to represent my interest before the Income tax,

Wealth-tax and Gift-tax and/or other Taxing Authorities in respect of my Income

tax. Wealth-tax, Gift-tax, as also before any Tribunal, or Court.36.

To

sign on my behalf Income-tax, Wealth-tax and Gift-tax returns and to submit the

same on my behalf to the respective Taxing Authorities,37.

To

sign, declare and affirm on my behalf all the applications, documents.

declarations and affidavits as may be necessary for the purposes of the

Income-tax, Wealth- tax and Gift -tax affairs and to submit and file the same

with the respective Taxing Authorities, to file appeals and references as the

Attorney may be advised and as he may deem fit and proper against the orders

and decisions of the Income-tax, Wealth-tax and Gift-tax Authorities in respect

of my assessment proceedings. to appoint on my behalf such Auditors,

Accountants and Advocates as the said Attorney shall deem fit and proper for

representing me before the Income-tax, Wealth-tax and Gift-tax and/or Taxing

Authorities or any other Tribunal or Court in respect of the Income-tax,

Wealth-tax and Gift-tax Assessments and to discharge them and appoint new

Auditors, Accounts and Advocates as the case may be An their place, to

compound, compromise and settle with the Income-tax, Wealth-tax and Gift-tax

Authorities the orders and assessments made by them, to apply for time for

payment and to apply for instalments for the payment of the amount assessed and

to be paid by me to the Income-tax, Wealth-tax and Gift-tax or other Taxing

Authorities, and to do all acts and- things regarding the said matters.38.

And

also for the better and more effectually doing, effecting and performing the

several matters and things aforesaid to appoint from time to time or generally

such person or persons as the Attorney may think fit as his substitute or

substitutes to do, execute and perform all or any such matters and things as

aforesaid and any such substitute or substitutes at pleasure to remove and to

appoint another or other in his or their place.39.

In

general to do all other acts, deeds. Matters and things whatsoever in or about

my estate, property and affairs or concur with persons jointly Interested with

myself therein in doing all acts, deeds, matters and things herein either

particularly or generally described as amply and effectually to all Intents and

purpose as I could do in my own proper person if these presents had not been

made.AND I, the abovenamed

........... do hereby undertake to ratify whatever the Attorney or any

substitute or agent appointed by him under the power In that behalf

hereinbefore contained may lawfully do or cause to be done in and by virtue of

these presents.IN WITNESS WHEREOF I,

the abovenamed ........... have hereunto set my hand this ........... day of.

.......... in the .........Signed, scaled and

delivered by the withinnamedin the presence of

..........


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