• Urgent Advice Needed on Expiration of POA

Hi,

I have recently bought a house with HDFC providing the home loan.
I am a NRI based in SA and had given my mother in India a POA to act on my behalf. This was submitted to HDFC in Nov 2013

I now need to avail of the loan from the bank, however, they came back to me saying that the Power of Attorney has expired and that I would need to go through this process again.

As per my understanding (and I may be completely wrong), the POA does not expire till either of the party's death or revocation of the POA.

Am I missing something here?
Asked 2 years ago in Property Law from Kolkata, West Bengal
you are correct . POA continues until it is revoked or on death of holder of POA
Ajay Sethi
Advocate, Mumbai
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The POA can not expire until and unless both the principal and the agent live.
However since the bank has raised a objection, ask it the actual reason.
Devajyoti Barman
Advocate, Kolkata
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yes, you are right.Find out why the bank says so.
S.P. Srivastava
Advocate, New Delhi
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You are right. POA terminates only if it is revoked or the holder dies.
Ashish Davessar
Advocate, Jaipur
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you can use the same draft  of POA . get it signed   and duly attested before indian consulate again
Ajay Sethi
Advocate, Mumbai
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The original draft may suffice. Get it vetted by your lawyer.
Ashish Davessar
Advocate, Jaipur
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449 Consultations
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