Special power of attorney for authorized representative to process documents 2025

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The Key Differences between a POA and a PR: Purpose: A Power of Attorney is often used for incapacity planning or to facilitate decision making during the individuals lifetime, while a PR is appointed to handle the affairs of a deceased individuals estate after their death.
As per SEBI (WEB), an Authorised Person (AP) refers to any individual, partnership firm, LLP, or corporate body appointed by a stockbroker to act on their behalf. A stockbroker may appoint one or more authorised persons after obtaining prior approval from the relevant stock exchange.
Unlike an Agent acting under a Power of Attorney during your lifetime, a Personal Representative (also known as an Executor) administers your estate after your death.
A Special Power of Attorney (SPA) is a legal document granting a person (the agent/attorney-in-fact) the authority to perform specific acts on behalf of another person (the principal). This document is limited to particular transactions explicitly stated within its terms.
This power of attorney authorizes the representative to perform duties such as signing consents, extending the time to assess tax, recording the interview, or executing waivers agreeing to a tax adjustment. Only individuals may be named as representatives.
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