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shonith (Law Officer)     03 October 2009

Stamp duty and Power of Attorney

Dear all,

Please provide  the details regarding the value of Stamp paper on  which a  Gereral power of attorney and a Special POA can be drafted.(of Rupees  50,100 or 150 ).

Under which category, whether general POA or Special POA, a POA given to an employee by a company to file and conduct cases for the recovery of money from various customers wil fall?

Expecting an immediate reply.

 

Thanks and regards.

Shonith

 

 

 



 3 Replies

saumit joshi (advocate)     03 October 2009

100 Rs stamp paper required for POA in your case.

Raj Kumar Makkad (Adv P & H High Court Chandigarh)     03 October 2009

POA is provided in consonance with memorendum of asociation and artile of association of a particular company. comapny is a jurisdic person which works throu its manforce who hold valid authority which includes POA provided by comptent authorities in favour of its employees to perform any specific or general work as per its requirement and issue of leving the stamp duty is immaterial.

shonith (Law Officer)     05 October 2009

Dear All,

Thanks for the reply

 

Regards,

Shonith


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