Legal Question in Civil Litigation in India

can a generalpower of attorney holder execute lease agreement even though it is not monitored in the POA


Asked on 4/28/14, 6:54 pm

2 Answers from Attorneys
Fca Prashant Chavan Expert Edge LLP

29.04.2014

Dear Sir / Madam,

Yes, a Power of Attorney (POA) holder is acting on behalf of the Issuer in relation to dealing in any asset or property on behalf of the Owner. He is authorized to lease, sell or do any other act on behalf of the Owner. The fact of being entitled to lease the property even though not specifically mentioned in the POA is implied.

Regards,

Read more
Answered on 4/28/14, 8:01 pm
Rajiv Chandhok Ph: +919810050896 https://www.linkedin.com/in/rajiv-chandok-0827b733/

yes it is implied. read the general clauses of the POA. You may drop in a detailed query at [email protected]

To know us better, please click on the links below:

http://www.linkedin.com/pub/rajiv-chandhok/33/7b7/82

http://www.lawguru.com/answers/atty_profile/view_attorney_profile/username#more_info

JSR/29414

Read more
Answered on 4/29/14, 4:31 am


Related Questions & Answers

More General Civil Litigation questions and answers in India