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Till what time is the power of attorney valid?
31-Aug-2023 (In Documentation Law)
One person made a power of attorney 18 years back in favor of someone else. Till what time is the power of attorney valid?
Well I have to see the language and content of the PoA to tell you exactly. First you have to determine whether it is a General PoA or a Special PoA. A general power of attorney remains in force unless expressly revoked or determined by the death of either of the party. A special power of attorney will be in force until the specified act is not completed. Duration of the power will depend upon the type of the attorney or there may be a fixed period of power granted by the principal which must be included in the Document. A power of attorney may be revoked at any time by the principal or donor by giving a written notice to the agent, unless it is for a particular fixed period. Revocation usually possible when principal dies or becomes insane or becomes bankrupt. The principal himself can revoke power of attorney if the business for which the agent was appointed is over as mutually agreed upon by the principal and agent.
Hope this helps!
Hope this helps!
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Adv. Shweta Sharma
Delhi | 100+ Answers
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Is there expiry for power of attorney?
A power of Attorney (POA), in general, lasts until the creators death. Power of attorney may be revoked, or it can expire earlier, depending on its type and/or creators wishes. 5 Dec 2022
What is the validity period of GPA?
According to law, the validity of GPA is not limited if both the executor and GPA-holder are still alive. It is best to get a new GPA every three years in order to avoid any future complications or suspicious circumstances. Remove daughters name.
What is the validity of general power?
GPA does not specify a validity period. Valid until the Principals death or revocation. GPA is valid as long as its registered and the stated purpose for giving authority is met. If there is no specified time, then regn after 10 years is also valid.
How long is general power of attorney valid in India?
Note that the PoA must be registered with the Sub-Registrars Office in order to have legal validity. A PoA is only valid for the duration of the principals life. You can also revoke a PoA during their lifetime. 12 Oct 2023
The power of attorney is valid throughout the life of the principal and can be revoked at any time during the life of the owner. Special Power of Attorneys (SPA) are revoked once the task that was assigned to them is complete.
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Adv. Chikirsha Mohanty
Delhi | 200+ AnswersCONTACT NOW
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