Power of Attorney stamp duty

Peeush Bajpai (Director) (34 Points)

30 June 2009  

 Hi

I am in the process of incorporating my company in Bangalore and need to give Power of Attorney to a friend of mine for completing the physical filing of incorporation documents (MOA, AOA etc) with the ROC. As such, I need to pay the stamp duty and get the e-stamp for POA.

My question is: in whose name should I pay the stamp duty for POA? should it be in the name of the company that I am incorporating of should it be in the name of the person signing the POA?

At the moment, I have the POA stamp duty paid in the name of the company that I am incorporating - not sure if this will be acceptable to the ROC?

Many thanks in advance for your guidance!

Thanks

Peeush