Appoint a lender as the agent (attorney) for your company or partnership with respect to procuring a business loan with this Irrevocable Power of Attorney for Business Loan form for Indian businesses.
The Power of Attorney form gives the agent the following irrevocable 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, signed and validated, whether you are signing it in India or abroad.