A Special Power of Attorney (SPA) is generally used where authority is intended to be limited to specified acts or a particular matter. GurugramHelp assists with SPA drafting in Gurugram.
GPA or SPA?
The appropriate document depends on the authority you actually want to give. Where the authority concerns a clearly identified transaction or task, it may be preferable to define those powers specifically rather than granting broader authority than necessary.
SPA Drafting
- Principal
- Attorney/authorised person
- Specific transaction or matter
- Exact powers being granted
- Restrictions
- Duration where appropriate
- Execution requirements
Common questions
Should I choose a GPA or an SPA?
Where the authority concerns a clearly identified task, it is usually better to define those powers specifically in an SPA than to grant broader authority than necessary.