Validity of agpa

Querist : Anonymous (Querist) 08 September 2011 This query is : Resolved
dear experts,may i know how many years AGPA(agreement of sale cum gpa) is valid, i heard that it is only 3 years ,is it correct information?

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Shailesh Kr. Shah (Expert) 08 September 2011
yes, you heard right but 3 years after the fulfill of all terms and conditions of that agreement.

bhagwat patil (Expert) 08 September 2011
Either life time of issuer or cancellation by issuer, or fulfilment of purpose.

M.Sheik Mohammed Ali (Expert) 08 September 2011
yes i do agree experts query reply.

Devajyoti Barman (Expert) 08 September 2011
It is not for 3 years but as long as the principal does not revoke it or till the purpose for which the same was granted is fulfilled.

Raj Kumar Makkad (Expert) 08 September 2011
I do agree with Bhagwati and Barman.

Shailesh Kr. Shah (Expert) 08 September 2011
Mr. Devajyoti Barman
Author is asking validity of agreement!!
and according to the Limitation Act is 3 years.

prabhakar singh (Expert) 09 September 2011
An agreement to sale is valid for three years from the date of cause of action,BUT a GPA /or POA is valid unless revoked or as long the principal is alive.

You have mixed the two terms ,hence to have accurate advise you do need to attach the document it self here other wise you may stand mis guided.

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