|
Zerodha (Trade with the best stock broker)
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
An NRI can revoke or cancel the power of attorney (POA) anytime through a revocation deed.
Generally, a POA is registered and thus a revocation deed is required to cancel any rights given to the POA holder. In case if a POA is not registered, a written notice to cancel the POA should be sufficient.
Instances when POA can be revoked or cancelled:
Note: A specific purpose POA generally gets cancelled automatically once the purpose is met. However, in some instances, it may still require a revocation deed if the POA is registered. A special-purpose POA can also be revoked before the purpose is met.
Add a public comment...
30 days brokerage free trading
Free - Relationship Manager
Free - Classroom Training