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Both spin-off and split-off are corporate restructuring strategies used by companies to separate a business unit or division from the…

A power of attorney (POA) is a legal document that grants someone the authority to act on behalf of another person in specific legal or financial matters. In India, the execution and use of power of attorney deeds are governed by the Power of Attorney Act, 1882.

A promissory note is a legally binding document that contains a written promise by one party (known as the maker or promisor) to pay a specified sum of money to another party (known as the payee or promisee) either on demand or at a specified future date. In India, promissory notes are governed by the Negotiable Instruments Act, 1881.