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The Company hereby appoints Shri??????? and Shri???????, as its Attorneys (hereinafter collectively called "the Attorneys") so long as they or any of them are/is the Managing Director/??????? of the Company to do severally, the following acts, deeds and things in the name and on behalf of the Company: 1.

The Durable Power of Attorney In other words, you'd use a durable POA if you wanted to give your agent authority once you're unable to act for yourself. Because of this, many consider a durable POA to be the most powerful type of power of attorney.

A GPA must be registered at the Sub-Registrar Office (SRO) to get legal validity. Moreover, the GPA is not valid for an indefinite period. It is valid for the lifetime of the principal, and can also be revoked within the lifetime of the owner.

A family member acting as a POA requires a signed Form M-2848 except when a parent is acting on behalf of a minor child.

For most people, the best option is to have a general durable power of attorney because it gives your agent broad powers that will remain in effect if you lose the ability to handle your own finances. An attorney can customize a general POA to limit powers even more?or add powers, Berkley says.

There are no special qualifications necessary for someone to act as an attorney-in-fact except that the person must not be a minor or otherwise incapacitated. The best choice is someone you trust. Integrity, not financial acumen, is often the most important trait of a potential agent.

The state of Ohio provides a statutory form POA for financial decisions. It doesn't have a standardized form for a medical POA. In both cases, you can use FreeWill's free online software to create a power of attorney document tailored to your needs. Complete the form, sign it, and then have it notarized or witnessed.