Power of attorney
anandakumar
(Querist) 05 March 2016
This query is : Resolved
experts,pls clear my doubt.
is there a irrevocable power of attorney?
how and what clause to be inserted to write the irrevocability.?
is it possible to revock the irrevocable power of attorney?
kavksatyanarayana
(Expert) 05 March 2016
There is no "Irrevocable of Power Attorney". When a Principal giving authorisation to do deeds on his behalf to an Agent is a Power of Attorney. But even he gives power to a person, he can execute any deed. the power can be cancelled by the Principal. and if the Principal died then the attorney will become invalid. if any deed made after the death of the Principal, it is invalid. so irrevocable power of attorney can be revoked and cancelled.
Sudhir Kumar, Advocate
(Expert) 06 March 2016
meet an advocate with the relevant paper. let him read and give opinion.
Rajendra K Goyal
(Expert) 06 March 2016
Academic query, state facts and problem, if any.
J K Agrawal
(Expert) 06 March 2016
I go with Mr Kavkastyanarayana.
Irrevocable power of attorney is known by Registrar of documents only and not by the courts. If POA is irrevocable you are to pay stamp duty just equal to sale and it is compulsorily registrable.
R.K Nanda
(Expert) 07 March 2016
Agree with the experts.
anandakumar
(Querist) 08 March 2016
I thank one and all
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