JAGADEESH GOVIND (ADVOCATE) 16 January 2008

Power of Attorny

What are the circumstances,which makes an irrvocable power of attorny become void?

3 Replies

Prakash Yedhula (Lawyer) 16 January 2008

[font=""Verdana, Arial, Helvetica, sans-serif""]No power of attorney can be irrevocable, though the document is named as such. The Principal can cancel the power at any time. The power of the agent ceases automatically in the event of the death of the principal.[/font]

Shambasiv (n/a) 16 January 2008

Normally a Power of Attorney can be revoked. In matters where the Agent has acquired an interest, the Power of Attorney is known as a power coupled with interest and cannot be revoked without the express consent of the Agent. This is an usual parlance referred to as an ΓÇ£Irrevocable Power of AttorneyΓÇ¥. In certain cases, the Power of Attorney may amount to a conveyance and these Powers of Attorney can also be brought within the ambit of Irrevocable Powers of Attorney.[img]chrome://piclens/content/launch.png[/img]