In India, the Power of Attorney (PoA) is governed by the Powers of Attorney Act, 1882, and other related laws. It allows a principal to appoint an agent to act on their behalf in legal, financial, or property matters.
There are various types of PoA, including General Power of Attorney (GPA), which grants broad authority, and Special Power of Attorney (SPA), which is limited to specific acts. Durable PoA remains valid if the principal becomes incapacitated, while Non-Durable PoA becomes invalid in such cases.
PoA must be executed in the presence of two witnesses, and registration is mandatory for immovable property transactions. Misuse of PoA can lead to legal complications, so it should be granted only to trusted individuals.
