Excellent Corporation Ltd. incorporated under the Companies Act, 2013 purchased an independent house comprising two floors in Gurgaon in the state of Haryana for a sum of ₹3.5 crore for providing company accommodation to

Excellent Corporation Ltd. incorporated under the Companies Act, 2013 purchased an independent house comprising two floors in Gurgaon in the state of Haryana for a sum of ₹3.5 crore for providing company accommodation to Dinesh, Company Secretary on the first floor and it was decided that the company shall have its guest house at ground floor. For facilitating its registration, Mrs. Kiran, the Chairman-cum-Managing Director executed the following special power of attorney: 'By this power of attorney, I, Kiran, Chairman, Excellent Corporation Ltd., do hereby appoint and authorise Dinesh to be my agent and authority for the purposes of executing registration of the property purchased by the company from Antarctic Builders Ltd. on this 15th day of September, 2015.' For and on behalf of Excellent Corporation Ltd. Sd/- Kiran Chairman On presentation of this document, the Registrar refused to complete the registration procedure stating that the power of attorney is void. In light of the above answer the following: Property registration charges are 8% for a man and 6% for a woman. Will you advise that the power of attorney be executed in favour of Mrs. Kiran to derive this benefit ?