can the GPA Holders can be more than one
PrnBCRBant
(Querist) 17 March 2010
This query is : Resolved
Dear Sir,
My client wants to execute a GPA
a)appointing 4 people as his agents /PA holders is this valid.
b)In this whether the activities to be done by each of them specified / limited.
c) if it is related to property matters can the proportionate share of each of them be specified with regard to their right, title & interest for the activities to be done. so that it adds up to 100% of work. In other words, that these 4 people join to gether & do a particular activity in respect of the proprety.
kindly answer these pointwise & independent of each other points raised above will be of great help.
Thanks in advance.
Parveen Kr. Aggarwal
(Expert) 17 March 2010
1. Yes. Appointment of four people as agents is valid.
2. Your client will have to specify the authority of the agent(s) which can be exercised by each of them.
3. Yes. Authority may be granted proportionately with regard to property.
