Format of Cancellation of Power of Attorney in India

Описание: Can a power of attorney be cancelled?
A power of attorney (POA) is a legal document in which a grantor, known as the Principal, bestows unique powers on another person, known as the Agent or Attorney, to act in a certain manner as specified in the POA.
These rights are given to an agent by the principal due to health concerns or to ensure that legal, financial, or real estate transactions are executed in an undeniable manner.
Before you have an unexpected illness or accident, it is always a good idea to put someone in a position where they can manage your property and finances.
The Power of Attorney Act, Indian Contract Act, Registration Act, and Indian Stamp Act are the numerous statutes that govern power of attorney in India (including the corresponding state-level acts).
However, the question arises as to whether we can rescind these rights once they have been conferred. Can a Power of Attorney be revoked, reverting all powers granted to an agent to the principal?

What is the procedure for preparing a cancellation deed?
The Principal's name (the person who gave the Attorney his rights) is in the same spelling and format as the previous deed.
The date on which the Power of Attorney deed is being revoked.
The name of the Attorney to whom the power in the earlier deed was granted.
The date on which the revocation or cancellation took effect.
You can also go into detail about the type of power that was granted and why it was revoked, however, this isn't required.

0:00 Introduction
0:32 Questions regarding cancellation
2:00 Principal's Act
3:23 Irrevocable PoA
3:51 Durable PoA
4:00 Procedure for cancelling PoA