A power of attorney executed by 'A' in favour of 'B' remains valid and effective notwithstanding death…

A power of attorney given for consideration creates an agency coupled with an interest. Under section 202 of the Indian Contract Act, 1872, such an agency cannot be terminated to the prejudice of that interest and is not ended by the principal's death, so it remains valid and effective after A dies. Section 208 only protects what the agent does before he learns of the principal's death; it does not keep the authority alive. A power of attorney does not survive merely because it was executed during A's lifetime, and an agency coupled with an interest cannot be cancelled by A's legal representatives.