subsidiary company

Chhaya Soni (Querist) 29 October 2010 This query is : Resolved
Power of attorney given to 100% subsidiary company to sell the immovable property, can attact stamp duty

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s.subramanian (Expert) 29 October 2010
Yes. Certainly. It is to be registered compulsorily.

Devajyoti Barman (Expert) 29 October 2010
Without registered POA the attorney can not transfer the property.

Kirti Kar Tripathi (Expert) 29 October 2010
agree with experts.

bhagwat patil (Expert) 30 October 2010
while registering RS100 stamp, at ht etime of sale stampduty is applicable as per rule and data

Sri Vijayan.A (Expert) 04 November 2010
Yes, required.
For POA, Rs.100/- stamp
For Sale, stamp depends upon the value of property

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