A Power of Attorney was issued to an official for a project by the Joint Venture and now the management is not in good terms with that official . So now the management was to revoke all the power of attorneys given to him. But at the same time the project is on going so how to revoke such power of attorneys? Kindly guide.
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REVOCATION OF POA
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To revoke a POA for an ongoing project, draft a formal Revocation Deed, register it (if the original was registered), serve a formal written notice to the official (ideally via registered post), and notify all third parties involved in the project. Consult with a legal professional to ensure the revocation is handled correctly and to address any concerns regarding "agency coupled with interest."
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