Irrevocable sale GPA cum possesion
SATYANARAYANA K
(Querist) 23 February 2010
This query is : Resolved
Respected all experts
"A" executed a Irrevocable sale GPA with possession in favour of "B", now "A" wanted to cancel the Irrevocable sale GPA with possession, without "B" consent.
My query is (1) can "A" cancel the above GPA with out consent or knowledge of "B".
waiting for your valuable replies sir
James Arun
(Expert) 24 February 2010
With the limited facts that you have given, it is clear that the intention of the Executant "A" at the time of executing the Irrevocable GPA was to grant GPA that is irrevocable. Therefore it appears it cannot be revoked now, without the consent of "B". However, I will hasten to add, that we need to go through the terms of the GPA in detail, whether it was registered/executed properly or not, whether "A" had the authority to execute GPA, and if "B" was eligible to get the GPA in his favor, etc., before we can give you a conclusive reply.
niranjan
(Expert) 24 February 2010
Irrevocable PA is given when consideration is paid and in this case possession is also given.So A cannot revoke the irrevocable POA.Such GPA with consideration and possession is compulsorily registrable.
Kumar Thadhani
(Expert) 25 February 2010
Your query is replied by experts Mr Arun & Mr.Niranjan.
Raj Kumar Makkad
(Expert) 25 February 2010
No. Such GPA cancellation is nothing but a resile of A from already duly entered contract.
