LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Aashish Sharma (Lawyer)     30 August 2008

Use of POA

Dear friends

my query is that suppose if "A" is Power of Attorney  holder of "B" and then "A" gets a house of "B" transfered in his own name, will it be a valid sale deed as "A" would be signing on the sale deed as seller on behalf of "B" as well as buyer on his own behalf.
is it a valid sale transaction?

Thanks in anticipation


Learning

 2 Replies

ca.bhupendrashah (FCADISA)     30 August 2008

SO LONG AS poa IS NOT WITHDRAWN OR NO FRAUD IS PROVED?

hiteshjdpandya (lawyer)     31 August 2008

no,this is not a valid transaction except A has given consideration to B or poa hes given with consideration and duly stemped with stempduty.


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register