I am a NRI living in the US. I want to give power of attorney to my aunt to to banking stuff. I can get a document attested at the embassy. but some people are saying it needs to be on a bond paper I dont have one can it just be on plain white sheet? and what happens after i send that to india?
hasta siempre amigos me retiro de Yahoo, gracias y suerte para todos
definite you could positioned money into India inventory marketplace by using Mutual money ,in simple terms requirement is you could desire to have a NRO account are NRE account ,and you will taxed in India ,yet as quickly as you're taking back your earnings to US you could desire to document a return.
banks are having there own formats for granting power of attorney to operate the account. Better to send an email to your Bank and they will guide you promptly.
The Power of Attroney (POA) has to be drafted in the bond paper and same has to be attested at the embassy after it should be to be sent back to India and has to be registered at the local sub-Registrar Office. Advocate High Court Chennai
