Can a power agent gift the property of the principal through his general power of attorney?
Arun Laxman
(Querist) 10 December 2014
This query is : Resolved
can a power agent GIFT the property of the principal through his general power of attorney to the person whom such agent chooses?
whether the term "to do all acts" shall include gift transfer in such case? (if there is no specification about gift)
Devajyoti Barman
(Expert) 10 December 2014
Yes, if such power is delegated to him.
Guest
(Expert) 10 December 2014
Well advised by above Expert.
ajay sethi
(Expert) 10 December 2014
is the power of attorney registered? does the POA authorise agent to execute gift deed?
Rajendra K Goyal
(Expert) 10 December 2014
Yes if power of attorney provides him with such rights.
Shailesh Kr. Shah
(Expert) 10 December 2014
Poa authorise such gift.
T. Kalaiselvan, Advocate
(Expert) 14 December 2014
If the POA deed authorises the agent to transact in any manner including transfer by way of gift deed and the deed executed by the principal has been registered, the action of the agent will be held valid.
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