NON DISCLOSURE AGREEMENT (NDA)
WHAT IS A NDA?
A Non-Disclosure Agreement, is an agreement wherein the parties comply with sharing the confidential information/data which is mentioned under the ‘Confidentiality Clause’ of the Non-Disclosure Agreement. The parties to the Non-Disclosure Agreement also agree
to not disclose such information to the third party.
ALL SERVICES
NON DISCLOSURE AGREEMENT (NDA)
WHAT IS A NDA?
A Non-Disclosure Agreement, is an agreement wherein the parties comply with sharing the confidential information/data which is mentioned under the ‘Confidentiality Clause’ of the Non-Disclosure Agreement. The parties to the Non-Disclosure Agreement also agree
to not disclose such information to the third party.
NON DISCLOSURE AGREEMENT (NDA)
WHAT IS A NDA?
A Non-Disclosure Agreement, is an agreement wherein the parties comply with sharing the confidential information/data which is mentioned under the ‘Confidentiality Clause’ of the Non-Disclosure Agreement. The parties to the Non-Disclosure Agreement also agree
to not disclose such information to the third party.
NON DISCLOSURE AGREEMENT (NDA)
COPYRIGHT
COPYRIGHT
COPYRIGHT
WHAT IS A NDA?
A Non-Disclosure Agreement, is an agreement wherein the parties comply with sharing the confidential information/data which is mentioned under the ‘Confidentiality Clause’ of the Non-Disclosure Agreement. The parties to the Non-Disclosure Agreement also agree
to not disclose such information to the third party.
POWER OF ATTORNEY
WHAT IS POWER OF ATTORNEY?
A Power of Attorney is a written authorization to act for another person
in specified legal or financial matters. A Power of Attorney can end for a number of reasons including when the principal dies, or when a court invalidates it.
In simple terms, Power of Attorney is to delegate one’s rights to
another person. It is used generally when the real person can’t act
upon a matter directly.
OUR SERVICES :
Our experienced professionals will draft whichever document you need, tailored to your business requirements. We offer every client a free consultation call to
thoroughly discuss their requirements and clarify any doubts they may have after which a customized document is drafted, according to every client’s specific needs.
Let us draft Power of Attorney for you, personalized and customized according to your specific needs.
BENEFITS
01
Provides the ability to choose who will make decisions on behalf of that person.
02
Helps avoid the necessity
of guardianship.
03
It’s not mandatory for the real person to be present, the one delegating the authority.
04
Authorizes agents to perform, plan and transact on behalf of the principal.
TYPES OF POWER OF ATTORNEY
1. General Power of Attorney:
A general Power of Attorney gives a person’s power or right to the agent to act on behalf, making any financial, business, real estate or legal decisions that would be an agent’s responsibility. For instance, managing banking
transactions, buying and selling properties, paying bills, and entering into contracts.
2. Durable Power of Attorney:
A durable Power of Attorney can be conferred if the principal becomes mentally incapable. The trusted person or the agent then would be able to handle that person’s affairs. For instance, if a person falls into a coma, the trusted
person will retain the authority to make decisions on his behalf.
3. Non-Durable Power of Attorney:
A non-durable Power of Attorney is used only for a set period of time and usually for a particular transaction in which a person grants an agent the authority to act on his behalf. Once the transaction is complete, or when the principal become incapacitated, the non-durable Power of Attorney becomes invalid.
4. Special or limited Power of Attorney
This type of Power of Attorney has limited use i.e. for one-time financial or banking transactions, or for the sale
of a particular property. This type is used when the principal is unable to complete the transaction due to prior commitments or illness and wishes to assign an agent to act on their behalf. The agent doesn’t have any other
right to act on behalf of the principal other than what is assigned to them in the limited Power of Attorney.
Documents required for
Power of Attorney:
-
Aadhar Card
-
Voter ID Card
ESSENTIAL ELEMENTS OF POWER OF ATTORNEY
Soundness of Mind
A person should be of sound mind who
is signing the Power of Attorney.
Witnesses
The Power of Attorney is signed and acknowledged before a notary public
or is signed by two witnesses.
REVOCATION OF POWER OF ATTORNEY
Power of attorney can be revoked by the following actions:
-
The principal dies or become insane or goes bankrupt
-
Revoked by the principal himself
-
The agent has completed the task for which he was appointed
-
Mutually agreed revocation, by the principal and the agent
-
Rights renounced by the agent under Power of Attorney