JCT Associates Pvt. Ltd.

Power of Attorney (PoA)

Ensuring Limited, Controlled, and Purpose-Specific Authority

In redevelopment projects, a Power of Attorney (PoA) is often executed in favor of the Developer to enable statutory approvals, plan submissions, and project-related execution activities. However, an improperly drafted PoA may expose the Society to misuse, overreach of authority, or unintended transfer of rights.

We vet the Power of Attorney to ensure strictly limited, controlled, and purpose-specific authority in favour of the Developer.

Objective

• To restrict authority strictly to redevelopment purposes

• To prevent misuse or over-extension of powers

• To protect ownership and legal rights of the Society

• To ensure alignment with Development Agreement terms

• To minimize long-term legal risk
  
  

Scope of Our Services

1. Authority Scope Review

We examine:

• Specific powers granted to the Developer

• Limitations and boundaries of authority

• Exclusion of ownership transfer rights

• Restriction on financial encumbrances

• Control over third-party dealings
  
  

2. Purpose-Specific Structuring

We ensure that the PoA:

• Is limited to statutory approvals and project execution

• Does not permit unauthorized sale or mortgage of Society’s rights

• Clearly defines acts permitted

• Is linked to the Development Agreement

• Is revocable upon default or termination
  
  

3. Legal Safeguard Verification

We verify:

• Proper identification of parties

• Execution through valid Society resolution

• Compliance with statutory norms

• Registration requirements (if applicable)

• Binding effect and enforceability
  
  

4. Risk Identification & Restriction Enhancement

We assist in:

• Identifying over-broad or ambiguous clauses

• Removing unrestricted delegation rights

• Inserting revocation triggers

• Strengthening protective conditions

• Aligning with SGM approvals
  
  

5. Control & Monitoring Mechanisms

We recommend:

• Conditional usage provisions

• Periodic reporting obligations

• Limitation on sub-delegation

• Automatic termination upon project completion

• Cross-referencing with security documents
  
  

Benefits to the Society

Protection of ownership rights

Prevention of unauthorized encumbrances

Reduced legal exposure

Controlled delegation of authority

Stronger redevelopment governance

Our Assurance

We ensure that the Power of Attorney is carefully structured, narrowly defined, and legally compliant, granting only the necessary and purpose-specific authority required for redevelopment execution, while fully safeguarding the Society’s ownership rights and long-term interests.