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Archives: FAQs

Is it possible to authorize more than one agent in a single Power of attorney?

Yes. You can appoint or authorize more than one agent in a single Power of Attorney. The POA should clearly specify the details and capacities of the agents and whether the agents act singly or jointly. If the text of Power of Attorney does not specify this, then it will be mandatory for the agents[…]

When and how does a Power of Attorney expire?

A Power of Attorney expires in any of the following situations: The accomplishment and execution of the subject that the Power of Attorney had been issued for. If the principal or the agent dies. At the end of the term if specified in the POA. It the POA is revoked by the principal. If the[…]

Who can be my agent by virtue of Power of Attorney?

Your agent (a person acting on your behalf) can be anyone who is sound and at least eighteen years old. You may want for your agent to be a family member, a trusted, long-time friend or professional, such as your lawyer, doctor or accountant. You may grant power of attorney to more than one agent.[…]

Can a company/ legal entity give a Power of Attorney?

Yes. A Power of Attorney issued by a company is a legal document made by a company that authorises a person (the “agent”) to act on its behalf and/or sign certain documents on its behalf. The most common reason for a company to issue a Power of Attorney is if one of the directors, who[…]