Power of attorney

Querist : Anonymous (Querist) 21 July 2023 This query is : Resolved
A, B, C, D executed a power of attorney in favor of F for their joint property. D died after the execution of power of attorney. A transfers his 1/4 share to his wife under a registered gift deed. B transfers her 1/4 share to her daughter under a registered gift deed. What is fate of said power of attorney deed.

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Quick Summary

This discussion clarifies the impact of a principal's death on a Power of Attorney (POA). When one of the joint owners who granted a POA dies, the POA is automatically cancelled. This means the POA is no longer valid, even if the other grantors are still alive or have transferred their shares.

T. Kalaiselvan, Advocate (Expert) 21 July 2023
A Power of attorney deed stands automatically cancelled even if one of the principals reported to have died. Therefore the fate of power of attorney deed is that it stands cancelled, and not valid anymore.

kavksatyanarayana (Expert) 21 July 2023
A repeated query................................................

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