power of attorney
joyce
(Querist) 29 November 2009
This query is : Resolved
Power of attorney executed by a person who is the joint owner of the anscetral property, other joint fly members does not know this, so is the power of attoney executed by sole member without others consent, a valid POA or its null n void? still property is not partitioned.
A V Vishal
(Expert) 29 November 2009
The POA to the extent of the principal's share is valid.
S. Bharath
(Expert) 29 November 2009
Like to add this rider to Mr. Vishal's opinion: The POA is valid to the extent of the Principal's share, provided it is so mentioned in the deed or in some manner the Agent has been put on notice about this. Else, the scope of agency becomes uncertain.
Raj Kumar Makkad
(Expert) 29 November 2009
What is the wrong if a person appoints any other person his power of attorney? Even if the property is an ancestral even then any shareholder can appoint any agent to look after his interest in the property and it is good if such shareholder also brings this fact to the knowledge of all concerned.
Khaleel Ahmed Mohammed
(Expert) 05 December 2009
Such power of attorney stands valid only to the extent of the share of principal.
N RAMESH.
(Expert) 05 December 2009
I do agree with experts.
