Revoking Rights: How to Cancel a Power of Attorney in India Effectively!
To cancel a power of attorney in India, you need to follow certain steps and procedures. Here’s a general outline of the process:
- Draft a Revocation Deed: Prepare a Revocation Deed that explicitly states the revocation or cancellation of the power of attorney. The Revocation Deed should include details such as the date of the original power of attorney, the names of the principal and the attorney-in-fact, and a clear statement revoking the power of attorney.
- Execute the Revocation Deed: Sign the Revocation Deed in the presence of two witnesses. Both the principal and the witnesses should sign the document, acknowledging the cancellation of the power of attorney. It is advisable to have the Revocation Deed notarized to add an additional layer of authenticity.
- Serve Notice: Serve a written notice to the attorney-in-fact, informing them about the revocation of the power of attorney. This notice should be sent via registered post or any other reliable means of communication with proof of delivery. It is important to keep a copy of the notice and the proof of delivery for future reference.
- Publish Public Notice: Publish a public notice about the revocation of the power of attorney in a local newspaper. This step is typically taken to inform any third parties who may have dealt with the attorney-in-fact based on the original power of attorney.
- Notify Concerned Authorities: Inform the concerned authorities about the cancellation of the power of attorney. This may include the sub-registrar’s office where the power of attorney was registered, relevant government departments, and any other relevant authorities, depending on the nature of the power of attorney and its usage.
- Update Records: Make sure to update any records or documents that reflect the authority granted by the power of attorney. For example, if the power of attorney was used for property transactions, update the property records to reflect the cancellation of the power of attorney.
It is important to consult with a legal professional or a qualified advocate who specializes in property and power of attorney matters to ensure that the cancellation process is executed correctly and in compliance with the applicable laws and regulations.
Note: This information is meant to provide a general understanding and should not be considered legal advice.
Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. PropertyPistol does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.