Pls let me know the basic difference between Notarisation and franking of Power Of Attorny (POA) in case of opening online share trading account
Debjyoti Gupta (Proprietor) 29 January 2010
Pls let me know the basic difference between Notarisation and franking of Power Of Attorny (POA) in case of opening online share trading account
A V Vishal (Advocate) 29 January 2010
Notarization is to be witness of the authenthicity of a document and its accompanying signatures in one's capacity as Notary Public, where as, Franking of documents is in lieu of use of stamp papers.
vikas mishra (ADVOCATE) 31 January 2010
Franking is the procedure to stamp duty, you may either buy stamp papers of that particular value or get it franked in any of the banks which have franking facility. Wheras notorisation of the document means signing the document in front of the notary.
Arati Gawde ( Legal ) 06 February 2010
Franking is the same value as Stamp-paper u buy either stamp-paper or franking the document in respective bank & notarization is the process where Notary identified that said document is sign before him by the said executor/s.