Querist :
Anonymous
(Querist) 15 October 2011
This query is : Resolved
Power of attorney had been incorporated in a partnership deed. Can this power of attorney be cancelled? Will the signature of all the partners be required or the person who has given the power of attorney can cancel the same with a revocation/cancellation deed. What can be the procedure if it has to be done.
prabhakar singh
(Expert) 15 October 2011
Any of the two mode can be adopted but as it is between and in partnership deed ,it is desirable ,if all signs the cancellation also.
Shastri J.K.
(Expert) 15 October 2011
I agree with mr.prabhakar singh .
Sailesh Kumar Shah
(Expert) 15 October 2011
QUESTION:Power of attorney had been incorporated in a partnership deed????
PLEASE BRIEF ABOUT POWER OF ATTORNEY!!
Daksh
(Expert) 15 October 2011
Dear Mr.Anonymous, It would have been better if you could have quoted the relevant clause/s of the Partnership deed for this purpose. Best Regards Daksh
Querist :
Anonymous
(Querist) 16 October 2011
Plese read the attached file and advice
Devajyoti Barman
(Expert) 20 October 2011
Yes signature of all the principals are required.
However keep in mind that if the agency is coupled with interest the same can not be canceled or revoked at the sweet will of the principal.
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