Legal Question in Banking Law in India

Dear Sir,

I have one account in Saudi Bank. Now I want to make my friend to withdraw amount from that account. so I have to make power of attorny to my friend. Now my question " Is it necessary to stamp power of attorny from saudi embassy. and what is procedure to get stamp of saudi embassy on it.


Asked on 6/09/12, 7:43 am

1 Answer from Attorneys

Sanjay Kalra Sanjay Kalra & Associates

Issue a cheque in favour of your friend to withdraw the amount . You dont need to go for POA etc for this purpose.

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Answered on 6/09/12, 9:48 am


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