A general power of attorney (GPA) is a legal document that gives an agent or attorney-in-fact the authority to act on behalf of the principal in cases that don’t require court involvement. It is commonly used when dealing with financial transactions or carrying out business activities. In India, cancelling a GPA is a relatively straightforward process.
The first step is for the principal to notify the agent in writing that the document is no longer valid. It is important to send this written communication via registered post, so that it can be tracked and verified. After the agent has received the notification, the principal can take a copy of the original GPA and fill out a cancellation form. This must include all the information that was included in the original document. The form must also be signed by both the principal and the agent in front of two witnesses.
The final step is to register the cancellation with the proper authority. This will depend on the type of GPA and the region in which it was issued. In some cases, several government offices may need to be informed. Once the cancellation is registered, the GPA is considered void.
Throughout history, general powers of attorney have been used for a wide range of purposes. During the Middle Ages, a power of attorney allowed a person to act as an attorney on the behalf of another in a court of law. In the 17th and 18th centuries, many merchants used GPAs to delegate business transactions to agents. Today, GPAs are still commonly used for financial transactions and other forms of representation.