Different Execution Formalities for Document Types
Q1) What are the formalities for execution of different
types of documents?
Generally, the transaction documents, which are in the nature of
agreements/contracts, are executed on appropriate value of stamp
paper and also witnessed by 2 witnesses for each signing party. In
case of specific nature of documents such as share transfer deed,
the same is required to be appropriately stamped through special
adhesive stamps. Further, certain documents like power of attorney
are required to be duly notarised as a general practice.
Proof of Identity and Authority to Sign
Q2) What documents are the parties generally required to
produce for signing transactional documents?
