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POA
5 Bangalore landowners formed a partnership firm to develop property, received income tax notice for undisclosed rental income; won relief in ITAT for this reasonBangalore landowners get relief from undisclosed rental income tax notice after proving in ITAT that their partnership firm received the re...- Brother-in-law sold 26 bigha land using GPA for Rs 6.95 crore; didn't pay full share to sister-in-law; Delhi HC orders him to pay Rs 2.27 croreSister-in-law purchased 26 bighas of land in Najafgarh in 1985 and gave GPA to brother-in-law who in turn sold this land for Rs 6.95 crore ...
- Wife living in London gives POA to family friend to manage his Vadodara property, friend gifts it to son and daughter-in-law; husband files case and wins in Gujarat HCMr Purshotam Ranchhodbhai Pankhania and his late wife living in London trusted their friend and gave him the POA to manage their India prop...
- Sebi eases FPI onboarding with digital power of attorneyIn a progressive move, the capital markets regulator has allowed foreign investors to adopt digital signatures, streamlining the onboarding...
- Sebi unlocks digital POAs for FPIs, waives notarisation & apostillisationSEBI now permits Foreign Portfolio Investors (FPIs) to submit digitally signed Power of Attorney documents, complying with the Information ...
- Sebi eases FPI onboarding by allowing digitally signed Power of AttorneySebi has streamlined the onboarding process for foreign portfolio investors by permitting the use of digitally signed power of attorney doc...
- Unsuspecting landowner got income tax notice as his land was sold for Rs 6.82 crore cash by someone via forged sale deed; he fights back and wins tax case in ITAT Ahmedabad on this groundFor Rs 6.82 crore cash notorious land grabbing gang sold land via forged sale deed with forged signature of landowner; however landowner go...
- Ageing housing societies: How homeowners can avoid losing their homes and money to redevelopment delaysAgeing housing societies that were promised bigger, modern living spaces have seen builders abandon or stall construction for years, with l...
- Government proposes 40% hike in SC/ST atrocity compensation to up to Rs 12 lakhThe government plans a substantial compensation hike for atrocity victims under the SC/ST Act. Financial assistance will also be provided t...
- Demat POA misuse prevention: Stockbrokers implement a new authorisation method for demat debit and pledge, should you opt for it?Demat account: Zerodha, FYERS and other stock brokers have enabled DDPI mechanism for their customers. This new mechanism replaces Power of...
- What is power of attorney, who can it be issued to, can it be revoked, limitationsFind out all about the purpose, usage and flaws of this legal document before issuing it to someone.
- Sebi clarifies on guidelines pertaining to instruction slips for share pledging"In view of the representations by and consultations with broker associations and depositories, it has been decided to widen the scope of D...
- 6 reasons why you should not buy property via Power of AttorneyGoverned under the Contract Act and read with the Power of Attorney Act,1882, a PoA is a legal document through which a person nominates an...
- Buying NRI property through PoA? Take these precautionsMany NRIs prefer to sell their properties through a Power of Attorney (PoA) by assigning a person to do the property registration formaliti...
- Sebi issues fresh guidelines to curb misuse of clients' Power of AttorneyThe execution of the document -- Demat Debit and Pledge Instruction (DDPI) -- will also be applicable for pledging or repledging of securit...
- No restriction on broker’s power of attorney: SebiThe clarification came after a media report said that the market regulator has discontinued the use of POA.
- Be careful in executing PoA with stock brokers: NSE tells investorsThe latest communication comes against the backdrop of Karvy Stock Broking case.
- Conviction rate in PoA cases on decline between 2011 and 2013While a total number of 39,346 cases were registered under the PoA in 2013, 33,592 and 33,652 cases were recorded in 2012 and 2011 respecti...
- ET in a classroom: Power Of AttorneyA power of attorney (PoA) is an instrument in writing empowering a specified person to act for and in the name of a person executing it.
- Govt plans to pull the plug on power of attorneyIn a bid to encourage property registration and freehold ownership, the government is planning to direct states to disallow sale of propert...
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