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General power of attorney

(Querist) 28 March 2014 This query is : Resolved 
Dear Sir,

1.Whether Bank account can be opened by GPA holder, if so whether GPA has to be registered or notarised GPA is sufficient.
2.If any persons had opened bank account and do some transactions fradulently foreging signature what is the resourse we will be have, if GPA is also fradulent.
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Devajyoti Barman (Expert) 28 March 2014
1. Yes, better to be registered.
2. vague query..give details in clear language.

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