Power of attorney
Darius Engineer
(Querist) 24 June 2016
This query is : Resolved
Can a power of attorney given to me by my aunt to represent her in her property matters with various authorities be on a paper which is franked or does it have to be on Legal Stamp Paper only?
Darius Engineer
Devajyoti Barman
(Expert) 25 June 2016
Yes, she can execute POA on your favour.
it is to be done on Rs.50/- stamp paper.
Since stamp duty differs, check it from your state.
Rajendra K Goyal
(Expert) 25 June 2016
Stamp duty differ from state to state, discuss / consult local registrar office / local lawyer.
Kumar Doab
(Expert) 25 June 2016
Your local counsel can guide you further.
Darius Engineer
(Querist) 25 June 2016
My message has not been understood. I only want to know whether a Bank's franking on the POA is the same as a Printed Stamp Paper.
Darius Engineer