Exclusive HOLI Discounts!
Get Courses and Combos at Upto 50% OFF!
Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

aditya desai (firm)     25 October 2015

Irrevocable power of attorney

Dear Sir,

My grandmother sold  the property to builder for developing new building and give the builder irrevocable power of attorney but after 15 years he still not develop the building on that property .

And my  Grandmother is also dead .

So ,i want to know after 15 years can i cancel the irrevocable power of attorney made by my grandmother and builder and under which section ?

and i like to know after person dead irrevocable power of attorney  will  get cancel automatically and if yes then under which section ?

thanks for help..

 

 



Learning

 1 Replies

Hemant Agarwal (ha21@rediffmail.com Mumbai : 9820174108)     25 October 2015

1.  you said "My grandmother sold  the property to builder".
THERE is no question of any dispute or cancelling or revoking the POA of grandmother, in any 

circumstances.


2.  A duly executed & registered "irrevocable POA", for purpose of "any activity" specifically relating to 

development of "immovable property" will NOT lapse on death of the POA maker-executor, u/s 3 of the 

POA Act.


3.  For "ALL"  other purposes (to the exception of above) a POA will lapse on death of POA maker-

executor, u/s 2 of the POA Act.


4.  A person would have to FIRST become Title-Owner of the immovable property, to do "anything", 

further, whatsoever.


Keep Smiling .... Hemant Agarwal
Read Articles: https://hemantagarwal21.blogspot.in/?view=sidebar


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register