Power of Attorney Registered Mortgage

Authorizing the banks to create Registered Mortgage on Behalf of the Borrower. Applicable for Term Loans.

What is it?

A Power of Attorney (POA) for registered mortgage is a legal document where a borrower (company) authorizes the participating banks to execute and register a mortgage on its properties.

Who uses it?

Corporate Borrowers
Consortium Banks
Legal Departments

POA Generator

Basic Info

Banks

POA Preview

Authority for creating Registered Mortgage.

GENERAL POWER OF ATTORNEY

FOR CREATION OF REGISTERED MORTGAGE

BY THIS POWER OF ATTORNEY executed at Mumbai on this 20 day of February, 2026.

ABC Industries Limited, a company incorporated under the Companies Act, having its registered office at Industrial Area, Mumbai (hereinafter called "the Borrower").

WHEREAS the Borrower has approached the following banks (the "Consortium Banks") for financial assistance:

1. Lead Bank (Lead Bank)

2. Bank 2

3. Bank 3

AND WHEREAS it is a condition of the sanction that the Borrower shall execute an Irrevocable Power of Attorney in favor of the Banks.

NOW KNOW YE ALL AND THESE PRESENTS WITNESS that the Borrower does hereby appoint the Lead Bank and the Consortium Banks as its true and lawful attorneys to execute, sign, and register any deeds of mortgage or other documents in relation to the properties.

"We hereby ratify and confirm all and whatsoever our said Attorneys shall lawfully do or cause to be done by virtue of these presents."

Witnesses:

Witness 1, Witness 2

For ABC Industries Limited

Directors / Authorized Signatories

(John Doe, Jane Smith)

Registration Requirement

A Power of Attorney for mortgage must be registered with the Sub-Registrar to be legally enforceable for property transactions. Ensure the stamp duty is paid according to state laws.