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hi and welcome to studio legal today we are going to talk about power of attorney why is a powerful tiny executed and what is the purpose behind it lets find out it is executed so that your business continues with ease even in your absence for example you can sell purchase gift mortgage your property rent out your property pay income tax attend court cases handle bank accounts fixed deposits mutual funds dmat accounts execute and collect important legal documents in your absence and how is it possible because it is done by someone else a person you authorize to perform such acts such business on your behalf so which are the parties which are formed under a power of attorney there are two first one is the executant that is you you are the person given power to do such business on your behalf in your absence so you are the executed and who is the other person the other person is the constituted attorney the person authorized by you to work and act on your behalf in your absence first o