Ramesh (-) 09 February 2010
I am an NRI. If I want to Power of Attorney to my father for a specifc property in my name to carry out any tasks required, including selling, can I mention that the sale proceeds shall be in the name of Principal? Is it valid? This is to show proper accounts from my side. I would appreciate all your clarifications.
Best Regards
R.R. KRISHNAA (Legal Manager) 09 February 2010
Yes permissible.
Raj Kumar Makkad (Adv P & H High Court Chandigarh) 09 February 2010
it is legal.
Arati Gawde ( Legal ) 09 February 2010
Yes, It is valid
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