What are the different types of Power of Attorney in India?
In India there are primarily two types of Power of Attorney: General Power of Attorney (GPA): This grants broad authority to the agent to act on behalf of the principal in various mattersincluding property transactionsbankingand legal proceedings. Specific Power of Attorney (SPA): This is limited in scope and grants authority for specific actions or transactionssuch as selling a particular property or signing specific documents.