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From,
________,
________
Email: ________
Phone: ________
To,
________
________
Email: ________
Phone: ________
Dated: ________
Re: Power of Attorney Termination Letter
Dear ________,
I, the Undersigned, writing to formally terminate Your position as the Attorney under the Power of Attorney dated ________ ("Power of Attorney"), executed between ________ ("Attorney"/"You"/"Your") and ________ ("Principal"/"I"/"I am"). This Letter serves as official notice of termination of Power of Attorney.
The Power of Attorney was created as I was living abroad and unable to attend to My day-to-day affairs.
The decision to terminate has been carefully considered, and the reason for this decision is:
________
This Letter serves notice period requirement of ________ (________) days required under the Power of Attorney. The effective termination date after the notice period will be ________. During the notice period, You are required to continue to perform the duties assigned to You under the Power of Attorney.
You are requested to submit a detailed written report on all the current transactions handled by You on My behalf, including:
1. A report on the ongoing business transaction You are currently engaged on My behalf.
2. A report on the ongoing investment transaction You are currently engaged on My behalf.
3. A report on the ongoing bank accounts and transactions You are currently engaged on My behalf.
4. A report on the ongoing loan or other financial transactions You are currently engaged on My behalf.
5. A report on the ongoing insurance schemes, claims, and transactions You are currently engaged on My behalf.
6. A report on the ongoing representation before any authority You are currently engaged on My behalf.
7. A report on the ongoing legal cases You are currently engaged on My behalf.
Please take all necessary steps to conclude any pending matters You were handling under the Power of Attorney. You are also obligated to return all original documents and records in Your possession related to the Power of Attorney within ________ days of receiving this letter.
This revocation will be registered with the Sub-Registrar at ________ to ensure public notification.
Sincerely,
________
Place: ________, Andaman and Nicobar Islands
Date: ________
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