My aunt, aged 82 years, owns a flat in Mumbai and proposes to give the same on Leave and License(Rent). She is old and infirm and hence wishes to grant a special power of attorney to her daughter(who also resides in Mumbai).

The scope of the power of attorney would be:

1) to negotiate and finalise leave and license agreements,
2) to appear before the sub-registrar for registration of the leave and license agreements,
3) to receive security deposit and monthly rents and deposit the same in my aunt's bank accounts,
4) to represent my aunt before the housing co-operative society and sign all relevant documents relating to the leave and license.

My query is:
a) Whether such a power of attorney must necessarily be registered, if in Mumbai?
b) What would be the stamp duty applicable, in percentage terms, if the agreement is executed in Maharashtra?
c) Is a "notarised" power of attorney valid and acceptable in a court of law?
d) What do you advise as the most appropriate course of action?

Thanks in advance for your valuable feedback and advice.

Regards/Kapil

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b. If bank opens an account in the name of partnership firm without the deed, what will happen on death, retirement, admission of a partner?

c. In absence of deed, can bank be sure on the exact number of partners in the firm.

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e. Please answer point by point

1. I and my partner have signed a partnership deed on 09 Nov 2012, which has been duly notarized. The firm has not been registered yet. Due to certain unavoidable circumstances we have decided to dissolve the partnership. The firm does not possess any property or assets. During this period the firm has also not transacted any business and has no outstanding dues. It has not even opened a current bank account. However, Pan Card has been issued.

2. Can you please help me on the following aspects:-
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(c)A sample deed of dissolution that would be suitable in the stated context.

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Sir,in our group we hv 10 pvt Ltd & 1 Ltd companies out of which 2 co.s ( 1 Pvt Ltd plus 1 LTD) having paid up capital is more then Rs.5 crores.So as per co.s act we have to appoint a whole time co. secretary.So our quiry is :-
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2. or we hv to appoint two seperate whole time co. secretary for ecah of these co.

pls. advice

Hi,

I have a query regarding appointment of Company Secretary in a Company, whereby section and rules do not specify that appointment should be in Board Meeting.

Suppose a CS resigns at Board Meeting, meanwhile company appoints a CS and in next Board Meeting it is possible for the Company just to take note the appointment.