I am having a peculiar situation for one of my client as detailed below:
1. Our client Mr A is a NRI. He wants to give Power of Attorney to his wife say Mrs B (who is also a NRI)
2. He is intending to do this so as to buy or sell any property in India through Mrs B.
3. However he always wants to take a POA from Mrs B in his name. (i.e. Mrs B gives a Power of Attorney to Mr A) for the purpose of buying or selling any property through Mr A.
4. He is intending to do this only to have a situation where anyone person can buy or sell in the joint name of both.
Is this arrangement right? Are there any legal impediments. Is this document required to be registered?