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Let Know Capacity Of Power Of Attorney In Pakistan With Guide by WajehaAleem: 1:52pm On Aug 04, 2021
Capacity of Power of Attorney in Pakistan:

The capacity to appoint a power of attorney in Pakistan through property lawyer in Lahore is practically co-extensive with the ability to contract. Power of Attorney given by an infant is void except for doing acts by which the infant himself could be legally bound. Section 5 of the Powers of Attorney Act provides that a married woman, even though a minor, can validly appoint a power of attorney in Pakistan through property lawyer in Lahore to do any act on her behalf. (3)

CAPACITY OF DONEE:

Except for a lunatic, who cannot be presumed to be capable of exercising his principal's will, any person can act as an attorney. Thus an infant may be an agent. An infant may be the donee of a power of attorney for an attorney's acts as such are not own, but those of his principal, of whom he is merely an instrument.

RATIFICATION:

Providing an action could have been performed by the donor of power at the time of the Act's performance. The donor can ratify such an act even though it is outside the power-given scope, and the ratification is retrospective. Ratification may be either expressed or implied from conduct.

GENERAL AND SPECIAL POWER OF ATTORNEY:

A power of attorney in Pakistan through property lawyer in Lahore may be executed jointly by several persons as the principals. It may also implement it in favor of one person or several persons as the attorney or attorneys. A power of attorney in Pakistan through property lawyer in Lahore is either general or particular. Power of Attorney regarding a single transaction is known as an extraordinary power of attorney. The power authorizes the attorney to act generally or in more than one transaction; it is known as the attorneys general power.

VARIOUS CLASSES OF POWER OF ATTORNEY AND (6) HOW TAXED:

Under Article 45 of Schedule I of the Stamp Act, 1899, the attorney's powers have been classified into various classes and declared taxable accordingly. ARTICLE 48 OF THE STAMP ACT (WEST PAKISTAN SCHEDULE). Power of Attorney [as defined by Section 2(21)]. Not being a proxy- 482 (a) When executed for authorizing not Five hundred rupees. More than ten persons (b) When given for consideration and allowing the attorney to sell any immovable property Two percent of the concern (bb) When given without consideration for authorizing the attorney to sell any immovable property.

One thousand rupees (c) in any other case. Ten rupees for each person authorized] Explanation. For this article more persons than one when belonging to the same firm shall be deemed one person—The term "registration" includes every operation incidental to registration under the Registration Act, 1908. (cool THE STAMP RULES OF 1925, R. 10. Under Rule 10 of the Stamp Rules of 1925, read with App. Il to those rules, a power of attorney in Pakistan through property lawyer in Lahore has to be stamped either with an engraved stamp or by the affixation and impressing of a label on it by the proper officer.

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