Power of attorney
Hanif.A.Azeez
(Querist) 17 May 2010
This query is : Resolved
I am Mrs.Hanif.A.Azeez
We've got a property in Mumbai.We are a total of 6 holders of that property.After my father expired we gave the complete "irrevocable" power of attorney to our brother.
Now a dispute has arised between us,and we dont trust him any more.
So we would like to cancel the power of attorney that we gave him.
Please adivce us on this...
Virender Pankaj
(Expert) 17 May 2010
Yes irrevocable power of attorney can be revoked, if No interest for consideration is created on the subject property by principal in favour of the Agent.
B K Raghavendra Rao
(Expert) 17 May 2010
If you have lost faith in the person to whom you have power of attorney, you are at liberty to revoke the same. The word 'Irrevocable' in the document does not really mean so. You need to issue a notice of cancellation of power of attorney enumerating reason for the same and post it by registered post acknowledgement due.
bhagwat patil
(Expert) 18 May 2010
Immidiately sign an affidavite infrant of DM send the copy to POA holdrer br regd. post.also inform to sub registrar of the area where the properties are situated.It will bar future transfers
