Whether Power of Attorney can be given for executing the RELINQUISHMENT DEED?
Ramesh Agrawal (LL.B & CA) 29 July 2022
Whether Power of Attorney can be given for executing the RELINQUISHMENT DEED?
Anusha Sharma 11 August 2022
Powers of Attorney Act, 1882 defines it as a legal document that authorizes one person to represent and take decisions on behalf of another, generally on matters related to property, finance, banking, or other matters of legal significance. It is typically executed when the individual on whose behalf the actions are taken is out of the country or is rendered incapable of taking such decisions because of illness or old age. The person who gives a power of attorney is known as the ‘Donor,’ whereas the person to whom a power of attorney is given is known as ‘Donee.’
In response to your second query, after following a procedure, yes, this is possible.