Appoint a lender as agent ⁄ attorney for your company or partnership in India in relation to a business loan with this
Irrevocable Power of Attorney for Business Loan template.
The Irrevocable Power of Attorney form gives the agent the following powers:
- authority to execute and register a mortgage over the business' property,
- authority to obtain tax clearance certificates, and
- authority to take any action the agent deems necessary to secure repayment of the loan.
This
India Irrevocable Power of Attorney for Business Loan is provided in MS Word format, and is easy to download and use. It includes instructions on how the form should be completed and signed in order to be legal in India.