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Can power of attorney be revoked unilaterally?

Section 202 of the Act states that if the agent in a principal-agent relationship has an interest in the agency then, the power of attorney cannot be revoked without the consent of the agent.

How do you draft a review and revoke a power of attorney?

STEP 1: Draft a Power of Attorney on a stamp paper of value depending upon your state with all the terms and conditions. STEP 2: Make sure the deed is signed by you and the attorney and get it notarized. STEP 4: After submission, the registrar will deposit your documents and shall provide you with one copy of the same.

What is the process for PoA revocation?

Process of Cancellation of Power of Attorney The principal must draft a deed/notice of revocation of the PoA. The deed must mention the reason for which the POA is being revoked, the effective date of the revocation and the consequences of such an action.

Can I cancel general power of attorney?

The donor of the power of attorney will have to get a registered cancellation deed (registered from the office of the respective sub-registrar). After that, the principal has to give the holder of the power of attorney the registered cancellation deed, informing him or her of the cancellation.