Respected sir, Here is my query.
Regd. GPA executed by 6 members infavour of 4 Members Jointly. In that GPA, they had written that power is given to lease out of the properties (6 properties, 6 members, each 1 of the property for each member) only and not to sale the property. By using this power, agents already lease out the 3 properties. Another 3 properties left.
In that GPA, one of the agent wish to relinquish the power given by the principals. Is it possible to relinquish one of the agent in GPA by writing supplementary deed for this GPA.
Thank you,
Ramgopal