General Power of Attorney

                     GENERAL POWER OF ATTORNEY

 

We, ________________________________ [ FULL NAME], son of _____________________________________ [FATHER’S FULL NAME],

 

residing at­­­­­­­­­­­­­,_______________________________________[ FULL ADDRESS], hereby appoint ________________________________ [ AGENT'S FULL  NAME], son of _________________________________[AGENT’S FATHER’S FULL  NAME],       residing at ________________________________ ____________[AGENT'S FULL ADDRESS], as my Attorney-in-Fact ("Agent").

 

 (hereinafter called "the Agent") to be our lawful agent, he shall have full power and authority to act on our behalf. This power and authority shall authorize the Agent to manage and conduct all our business transactions and to exercise all of our legal rights and powers, that we may acquire in the future. The agent’s power shall include, but not be limited to, the power:

1.To manage our business transactions, investments, securities and movable property in such manner as the Agent shall think fit and to make any payments regarding our business affairs, securities, investment and movable property.

2.To manage our immovable property for the time being in such manner as the Agent think fit and to make any outlay in connections with the immovable property thereof or otherwise in relation to the said property or any part thereof.

4.To manage and Perform any act necessary to deposit, negotiate, sell or transfer any note, security, or draft of the Govt. of Bangladesh.

6.To [Sell/exchange/ buy/invest/ reinvest] any assets or property owned by us. Assets or property may include income producing or non-income producing assets and property.

7. To settle any claim and all legal steps necessary to collect any amount or debt owed to us, whether made against us or asserted on our behalf against any other person or entity.

10.To Prepare, manage, sign and file documents with any governmental body or agency, including, but not limited to, authorization to:

*File income tax and other tax with local, and other governmental bodies.

*To obtain information or review documents from any government or its  agencies, and negotiate, compromise, or settle any matter which is related with the government or agency along with tax matters.

*To provide information, prepare applications and perform any other act reasonably requested by any government or its agencies.

11.The appointed Agent shall not be liable for any loss that results from a judgment error that was made in good faith. However, the Agent shall be liable for willful misconduct or misrepresentation the failure to act in good faith while acting under the authority of this Power of Attorney.

12. The Agent shall be entitled to reasonable compensation and also shall be entitled to reimbursement of all reasonable expenses incurred in accordance with this Power of Attorney.

17. The  agent shall appear in our name and in our stead before any competent court and any legal or public authority including but not limited to all national tax authorities.

This General Power of Attorney may be revoked by us at any time by providing written notice to the Agent and shall be effective from the date of its execution in the presence of two independent witnesses.

 

Dated ____________________, 20____ at _________________, _________________

SIGNATURE:

 

 Full Name:

 Address:

 

[Witness:1]                                                                                    [Witness:2]

Name:                                                                                             Name: 

Address:                                                                                         Address:

Signature:                                                                                       Signature: