1. Is 'Irrevocable Power of Attorney' illegal in eyes of law?
2. What happens to Power of Attorney after death of it's executor? Does POA holder carries power even after death of executor of POA.?
pls guide
anand das (service) 23 March 2012
1. Is 'Irrevocable Power of Attorney' illegal in eyes of law?
2. What happens to Power of Attorney after death of it's executor? Does POA holder carries power even after death of executor of POA.?
pls guide
sridhar pasumarthy (ADVOCATE) 23 March 2012
1. NO
2. If principal dies, power of attorney comes to an end i.e. it stands revoked automatically. Whereas, death of principal will have no affect in case of Irrevocable power of attorney.
anand das (service) 23 March 2012
that means 'Irreocable power of attorney' continues even after executor of POA dies ? Will legal heirs of POA executor not dispute this? Is this a settled law by supreme court?
pls guide. Thanks for your earlier reply.
-anand
sridhar pasumarthy (ADVOCATE) 23 March 2012
yes is the answer
anand das (service) 23 March 2012
Thank you very much. Grateful to you.
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