As the word describes Power of Attorney is a legal right given to another person to act on his/her behalf, as his/her legal representative to make legal and financial decisions in the event of that person is not in a position to make sound decision in terms of finance or any other general or legal matters that requires some mindfulness before making the decision. The person who is giving the Power of Attorney might not be in a position to make decision due to reasons such as prolonged illness. Power of attorney is executed on e stamp paper. Power of attorney will be also given to particular person in a situation where it is pertaining to a specific immovable property that the first party will give all the rights to handle the immovable property and the rights is limited specifically to that immovable property. Once the purpose is served as in the latter case, Power of Attorney must be revoked to avoid further misuse.
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