Sachin Yadav__DPC
Sachin Yadav__DPC
SACHIN YADAV
220101127
CONTENTS
4
M Shenkman and E Jonathan Blattmachr, Powers of Attorney (Ebookit.com 2015)
<https://books.google.co.in/books?id=lNjFBgAAQBAJ>.
Authority to Act: The legislation outlines the powers that may be assigned to an
agent, encompassing both financial and legal issues.
Registration: A POA concerning immovable property must be recorded under the
Registration Act, 1908.
Revocation: The principal has the ability to cancel a POA at any moment, except
when it is inherently irrevocable.
Termination: A Power of Attorney automatically ceases upon the death or
incapacity of the principal, unless it is a Durable Power of Attorney.
Procedure for Implementing a Power of Attorney in India5
If you want to carry out power attorney in India, it is a multiple step procedure to
ensure effectiveness.
The foremost or requires the conditions being late down in the power of attorney
agreement and if there in limitations they should also be mentioned under the
agreement.
Stamp Duty: Power of Attorney must be executed on non-judicial stamp paper,
and the stamp duty amount varies based on the state where the Power of Attorney
is executed.
Notarization: Once the principal and the agent have signed the POA, it needs to
be notarized by a public notary. In certain instances, registration is required,
particularly when handling real estate.
Talking about the registration of power of attorney, it suggests if the property
associated is immovable then only registration is required else not.
Important Factors for the Power of Attorney
Being reliable is a factor which needs to be considered while selecting agent under
the power of attorney. The agreement of power of attorney should be very explicit
in its content, it should not be vague in any aspect and demarcate the rights and
liabilities of the parties categorically.
Conformity to the various legal standards should be taken while selecting the
condition under POA, and for that, if any assistance is required. You can hire legal
personnel to avoid the defect.
5
‘The Powers-Of-Attorney Act, 1882’ <https://indiankanoon.org/doc/1232250/> accessed 12
March 2025.
Revocation: Understand the procedure for canceling the POA if you don’t need it
anymore or if the agent isn’t acting in your favor.
How to Revoke the Power of Attorney6
If the agent is not performing as per guidelines mentioned under the POA or if the
objective sought to be achieved by it is fulfilled, then the principal can cancel the
POA by giving written notice and ensuring all the parties relevant to aspect should
have been properly informed.
one can also declare the revocation publicly to ensure that the earlier given power
of attorney should not be misused by anyone.
Conclusion
As there are various types of power of attorneys, considering their significance in
several aspects and objectives sought to be achieved they should be put into use.
They can be general, special, durable, or medical; each one is relevant to the
particular circumstance in place.
Always seek advice from a legal professional to guarantee that your Power of
Attorney document aligns with Indian laws and is customized to meet your
particular requirements. Moreover, ensure that you have confidence in the
individual to whom you are bestowing power, as the representative will possess
considerable influence over your matters.
6
The Powers-of-Attorney Act, 1882 (7 of 1882): With Model Specimens of Power of Attorney
(n 1).