SUPREME COURT ORDER THAT GPA CANNOT BE TREATED AS A REGISTERED SALE DEED....good move to tap in Registration feels...but comes as strong shock to the real estate companies....would appreciate your thoughts and comments on the same....
Anand (Dir) 14 October 2011
SUPREME COURT ORDER THAT GPA CANNOT BE TREATED AS A REGISTERED SALE DEED....good move to tap in Registration feels...but comes as strong shock to the real estate companies....would appreciate your thoughts and comments on the same....
Nadeem Qureshi (Advocate/ nadeemqureshi1@gmail.com) 14 October 2011
Dear anand
the judgement regarding this you can read on attached file
Basavaraj (Asst, Manager-Legal) 14 October 2011
Dear Nadeem, wonderful, great with many many thanks
Kumar Doab (FIN) 14 October 2011
Dear Mr.Nadeem,
Thanks for posting the judgment in the forum.
Nadeem Qureshi (Advocate/ nadeemqureshi1@gmail.com) 14 October 2011
your welcome my friends
Mohammed Rizwan Shaikh (AM) 16 October 2011
Nadeem bhai, awesome post........thanks a lot.....although I am not an advocate but it is very helpful
NA (d) 19 October 2011
Dear Nadeem,
Pls share your inputs:
Situation:
Spouses: A and B own a property jointly. Now, A is selling A's share of the property to B for an amount. So it has to be a Sale Deed not a Transfer/Release Deed.
In the light of SC ruling on GPA and property registration:
1) Can A give GPA to a family member (not to B) and get the transaction completed?
2) Is it essential for A and B to do this transaction without bringing GPA in the picture?
Regards.
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