(For the sale of one named property only)
TO ALL TO WHOM THESE PRESENTS SHALL COME, I, Jasbir Singh Gill, S/o Late Sh. Mohan Singh Gill, presently residing at 48 Elmwood Drive, Brampton, Ontario L6Y 2H4, Canada, holding Indian Passport No. N1234567 and OCI/PIO Card No. CAN1234567, PAN ABCDE1234F ("the Principal"), SEND GREETINGS:
WHEREAS the Principal is the absolute owner of the property described in the Schedule below, having acquired title as follows: Sale deed dated 4 March 2010, registered as Document No. 2145, Sub-Registrar Patiala;
AND WHEREAS the Principal, being resident outside India, is unable to personally attend to the sale of the said property and wishes to appoint an attorney limited strictly to that purpose;
NOW KNOW ALL MEN BY THESE PRESENTS that I, the Principal, do hereby nominate, constitute and appoint Ranjit Singh Gill, S/o Late Sh. Mohan Singh Gill, resident of House No. 33, Urban Estate, Patiala, my Younger brother ("the Attorney"), to be my true and lawful Attorney, for me and in my name, and on my behalf, to do and execute all or any of the following acts, deeds and things, IN RESPECT OF THE PROPERTY DESCRIBED IN THE SCHEDULE BELOW ONLY, and no other property or asset of the Principal:
- 1. To negotiate the sale of the said property, at a price of not less than ₹95,00,000 (Rupees Ninety Five Lakh only), and to enter into and sign an agreement to sell on such terms as the Attorney considers reasonable;
- 2. To sign, execute and present for registration a sale deed or conveyance of the said property in favour of such purchaser(s) as the Attorney may finalise, and to appear before the Sub-Registrar or Joint Sub-Registrar having jurisdiction for that purpose;
- 3. To apply for and obtain, on the Principal's behalf, any no-objection certificate, permission or clearance from a development authority, the Estate Office, a housing society, or any other authority, that may be required before the said property can be lawfully sold or transferred;
- 4. To sign the receipt for the sale consideration and to give a valid discharge for it, PROVIDED THAT The entire sale consideration must be paid directly into my own NRO/NRE bank account by the buyer, and the Attorney has no authority to receive it personally, and that the account for this purpose is NRO Account No. XXXXXXXX1234, Punjab National Bank, Patiala;
- 5. To sign and submit any application for mutation of the said property in the name of the purchaser after registration of the sale deed, and to do all acts incidental to completing that mutation;
- 6. To sign and file, on the Principal's behalf, any income-tax form or application connected with this one sale, including an application for a lower or nil TDS certificate, and to receive any certificate issued in consequence.