Principal had to issue public notice of revocation
deed of revocation has to be stamped and registered
you can issue notice to principal to revoke the POA as you are not in position to act on their behalf
Resign from POA
Hello, My friends ( their relation Husband and wife) have given me registerd POA for their property. Now they are divorced. On my behlaf I would like to resign from that power. They can not come together and go to Indian registry office to cancel that POA. They ( principal) are both now OCI , no more Indian citizen, I ( Agent) am Indian Citizen. How can I resign from Power without their help? Regards Malati Das
Asked 3 years ago in Property Law
Religion: Hindu
9 Answers
An agent can any time withdraw from agency conferred by principal/s. Issue them a lawyer's notice expressing your intention to surrender agency from a particular date by executing a registered deed bole to that effect in case they do not appear for cancellation of POA through registered cancellation deed. They can do it by executing a POA for cancellation of POA in your favor. In case they do not cooperate register a deed bole ore surrendering POA and publish in local news paper.
Dear client, To resign, an agent must compose a formal letter notifying the principal, any co-agents and all parties with which the original POA has been filed, such as banks, elder care providers, etc
You can issue a legal notice to the principals individually intimating your decision for unwilling to continue to be their power agent anymore and that you are voluntarily abandoning your consent in this regard and will not act or continue to remain as their power agent with effect from immediate forthwith and also you will render all the updated accounts in this regard for entire tenure of the agency till the date of revocation.
Subsequently you can issue a public notice in two local newspapers confirming your decision to quit the agency.
You cam revoke the power conferred via POA by sending a legal notice revoking the POA to both the parties. Once that is done, POA stands revoked.
The PoA needs to be revoked by the principals. If they are unable to act, you as the power agent have to notify them in writing about your discontinuing to act as their agent. Besides, you may return the original to them with all pages written 'cancelled' across each one.
- Since the said POA is registered from the office of the registrar, then it can be cancelled by the principal after executing a registered cancellation deed.
- However, as they are residing abroad , then they can cancel the POA after sending a legal notice/notice to you , after stating that the said POA is cancelled by him legally and the information is hereby giving through this notice.
- Further, as they are already separated , hence you should send him a notice /legal notice.
under s.201 of the Indian contracts act, the agent can renounce his agency
this can be done by giving a written notice to the Principal and surrendering the original registered POA to the principal
in case there was a contract between the parties that the agency is to continue for a specified time then the revocation of agency can be done only for a sufficient cause
You can send them a cancellation notice and give paper publication for the same
