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Power Of Attorney to Sell Shares

Document Cited in Related
Vincent
Updated atMarch 2010

TO ALL TO WHOM THESE PRESENTS SHALL COME, I Mr. ____________________residing at __________ on this _____day of_______ state as under:-

WHEREAS I hold certain shares and securities mentioned in the Schedule hereunder and propose to sell them at the best price available.

AND WHEREAS as at present situated I am unable to do all acts required to affect the sale of these shares and securities.

AND WHEREAS I, therefore, propose to appoint Mr _______who is himself a share broker to be my true and lawful attorney to sell the said shares and securities and to do all acts and things in that behalf and which the attorney has agreed to do.

NOW KNOW YOU ALL AND THESE PRESENTS WITNESSES that I, Mr_______ hereby appoint and constitute Mr. __________ to be my true and lawful attorney with full power or authority to do and execute the following acts, deeds and things in my name, on my behalf and for me viz.

1) To sell the shares and securities mentioned in the Schedule hereunder written or any one or more of them, step by step at the best market price available at the date of actual sale, Provided that the attorney shall study the market situation from time to time and effect the sale of such of the said shares and securities in respect of which the market Is favourable for sale.

2) To sell the said shares and securities as aforesaid either through a share broker or direct to any customer available.

3) On effecting the sale, to sign the necessary transfer forms and other documents if any and to file the same with the company/corporation concerned for transferring such shares or securities to the name of the purchaser.

4) On affecting the sale, to hand over to the Purchaser the...

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