Power of attorny 1994

Jaiganesh (Querist) 23 December 2013 This query is : Resolved
Hello sir,

My dad got the power of attorney in 1994 from 3 persons and it has been registered .
we did not do anything after getting power due to relationship. But at 2007 power has been cancelled by one person . (in asset area he mentioned that , my particular asset only applicable in this cancellation ) . question is power given by 3 persons and cancellation done by 1 person (his part alone ) . is it legally acceptable ??

After his cancellation we have done the registration balance 2 person assets.
is this acceptable or not ?? Please advice?

Follow Query

Report Abuse

Devajyoti Barman (Expert) 24 December 2013
why the POA was executed? Tell the reasons. In certain case revocation of POA does not create any legal bar.
Generally speaking the registration of 2 persons would apply to their share only.

Dr J C Vashista (Expert) 24 December 2013
Power of attorney,if it is without a consideration, can be revoked by any person for his/her share.

Guest (Expert) 24 December 2013
If any consideration is mentioned the Registrar will not register the POA.

V R SHROFF (Expert) 24 December 2013
POA for consideration need court court for it's cancellation.

Rajendra K Goyal (Expert) 24 December 2013
Well advised by the experts, Agree to it.

ajay sethi (Expert) 24 December 2013
agree with experts

T. Kalaiselvan, Advocate (Expert) 24 December 2013
POA deed in respect of one of the principals revoked by such principle in respect of his particular property as was mentioned in the original POA deed, may be revoked by him by assigning or not assigning any reason for his such act, it is valid, the deed in respect of other principals will remain in vogue.

Previous

Next

You need to be the querist or approved LAWyersclub expert to take part in this query .

Click here to login now