25% OFF on all LCI Courses. Offer valid till 5th Oct. Use Code: DUS25
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Arif Iqbal (Advocate)     24 February 2016

Revocation of poa

Ther is a pertnership firm namely M/s ABC comprising of two partners namely - P1 and P2. In the year 2014 the said two partners jointly executed a registered Deed of General POA in favour of X in respect of the firm M/s ABC. Now the parners one to revoke the said power. But partner P1 resides out of th stat and is presently unable to travel.

Hence Partner P2 executed a Deed of Revocation in the name of the Firm and presented it for registration. But the registering authority is refusing to register the same on the ground that the Revocation Deed must be executed by both the partners and that it cannot be registered in absence of the other partner.

In my view this parter has power under the Partnership Act to execute such deed anf get it registered.

Please guide. Let me know if there is any suitable case laws.


 0 Replies

Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Start a New Discussion Unreplied Threads

Popular Discussion

view more »

Post a Suggestion for LCI Team
Post a Legal Query