POWER OF ATTORNEY GRANTING ADDITIONAL POWERS TO AN ATTORNEY
KNOW ALL MEN BY THESE PRESENTS that I X, son of ..........................resident of have nominated, constituted and appointed Shri Y, son of ……..resident of……………. as my attorney by a power of attorney dated ……….. to do all or any of the acts, deeds, matters or things mentioned therein.
Now I, the said X hereby authorise the said Shri Y to do all or any of the following additional and further acts, deeds, matters and things that is to say:
(2)It is hereby declared and clarified that the powers and authorities conferred hereinabove shall be concurrent and supplemental, to the power of attorney dated ……….without prejudicially affecting the powers and authorities heretofore given and the same shall be co-terminus with the original powers and authorities under the Power of Attorney dated…….
I hereby for myself, my heirs, executors, administrators and legal representatives ratify and confirm and agree to ratify and confirm whatsoever my said attorney shall do or purport to do by virtue of this deed.
IN WITNESS WHERE OF I, X, have hereunto set my hand this................day of …….20……
WITNESS Signed and delivered by the within named X
Identified by me Before me
Guidelines for Drafting a Power of Attorney Granting Additional Powers to an Attorney
Usage: A power of attorney granting additional powers is used when the principal, who has already assigned someone as their attorney-in-fact, wishes to expand or modify the scope of the attorney's authority. This document allows the principal to provide their attorney with new or broader powers while maintaining the existing power of attorney relationship.
Identification: Clearly identify the principal (grantor) and the attorney-in-fact (agent), including their full names and contact information. Specify New Powers: Clearly outline the new powers or authority that the principal wishes to grant to the attorney-in-fact. Revocation of Prior Documents: Clarify whether the new powers replace or complement any existing power of attorney documents. Effective Date: Specify the date when the new powers take effect, and any conditions for termination or revocation. Legal Formalities: Ensure compliance with local laws and regulations regarding power of attorney documents. Signature and Date: Sign and date the document to validate its effectiveness. Common Mistakes to Avoid:
Vague Language: Be precise in describing the new powers granted to avoid misunderstandings. Failure to Update Records: Keep records updated with institutions or agencies that may have a copy of the prior power of attorney. Not Clarifying the Relationship: Clearly state whether the new powers replace or add to existing powers to avoid conflicts or confusion. Ignoring Legal Requirements: Adhere to any specific legal requirements for power of attorney documents in your jurisdiction. Lack of Witness or Notary: Depending on local laws, consider having the document witnessed or notarized for added legal validity. Not Seeking Legal Advice: Legal consultation can help ensure the document aligns with your intentions and complies with local laws. In conclusion, drafting a power of attorney granting additional powers is essential when a principal wants to modify the authority granted to their attorney-in-fact. Clarity, legal compliance, and precise documentation are crucial to ensure that the attorney-in-fact can effectively carry out the principal's wishes while managing the additional responsibilities. Legal consultation may be advisable to navigate this process correctly.