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Attestation of power of attorney

(Querist) 11 December 2013 This query is : Resolved 
i have drafted a power of attorney for adding an authorised signatory in a bank account of a proprietorship concern .i have also got it notorised ,the bank is asking the original document to be submitted ,should i get the xerox copy notorised or simply get the xerox attested.
should i submit the attested xerox copy or submit the original and keep the xerox with me
what is the difference between notorising and attesting the document
Anirudh (Expert) 11 December 2013
You have to submit the original. You can retain the photocopy.
BAALASUBRAMANNYAMM (Expert) 11 December 2013
Or else prepare two sets of original Power of Attorneys and give one original to Bank and retain one original with you, if you need.
Rajendra K Goyal (Expert) 11 December 2013
Generally the Banks get their own drafted POA.

The Banks obtain original if the POA is special drafted for Bank.

Bank should not receive General Power of attorney.
V R SHROFF (Expert) 11 December 2013
u hv no option but to obey order of Bank. Bank will retain Original, and otherwisec also u don't need it any further. so keep xerox for ur records
Raj Kumar Makkad (Expert) 13 December 2013
well advised by experts so no more to add.


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