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Without the principal's explicit consent, the Power of Attorney status cannot be altered. Simply put, the principal's decision on who they have entrusted as POA remains unchangeable except by their own volition to revoke Power of Attorney.
If the attorney goes above his or her powers, he or she may be held responsible for any harm the donor or others incur. The attorney will be responsible to the donor if he breaches any requirement unless he behaved reasonably. At any moment, the POA cannot delegate authority to another Agent.
It is mandatory that the Power of Attorney should be notarised by a Notary Public. 1. The Power of Attorney should be first typed on a plain sheet of paper. Each page of the Power of Attorney is to be signed and wherever the blanks are filled in initialed by the Grantor (all applicants to the loan).
Witnesses Discuss your requirements with a lawyer. Power of Attorney is drafted by the Lawyer. Pay Stamp Duty and generate challan. Schedule an appointment at the Sub-Registrar Office. Pay Registration Fees. Signatures of 2 Witnesses in the presence of the Sub-Registrar.