V.JAGADEESAN
10 September 2008 at 19:34
X gives power to sell the property to y.
Y enters into sale agreement A. A never concludes the sale even after 12 years. Till the time X never cancels power issued. Now X wants to cancel the Power and sell the property. Mr A is whereabouts not known. Mr X has been advised to give paper notice and cancel the power and sell property. Will there be any complications from Mr Y?.Is the transaction carried out is right in law? Limitation act says agreement valid only for three years.In the above circumstances please clarify Mr X act is legally correct or not?
V.JAGADEESAN
10 September 2008 at 19:24
Property x belongs A. While purchasing the property power of was taken from the seller. Though all land records, partition deed among brother existed the Power was taken including other brothers of the seller. cash consideration fully paid and possession taken. After considerable time one of the executor to the property (not the property owner) died.What is the status of Power of attorney? If we take affidavit from the actual owner stating that he has received full consideration and possession given and not cancelled power till date will that be sufficient to comply legal norms?
V.JAGADEESAN
20 May 2008 at 21:16
Dear Sir,
I bought a plot property Near Orakadam , Sriperubudur sold by a reputed lay out promoter of those period 2 decades ago.
I was given sale deed and also patta issued by Tahsildar. I got a acquisition notice from Tahsildar for industrial acquisition. On verification I was informed that the property alloted to me was on govt land. Hence no compensation. What is gurantee for the people who invest in plots as their life time savings turned to be total waste after 25 years.
V.JAGADEESAN
20 May 2008 at 21:16
Dear Sir,
I bought a plot property Near Orakadam , Sriperubudur sold by a reputed lay out promoter of those period 2 decades ago.
I was given sale deed and also patta issued by Tahsildar. I got a acquisition notice from Tahsildar for industrial acquisition. On verification I was informed that the property alloted to me was on govt land. Hence no compensation. What is gurantee for the people who invest in plots as their life time savings turned to be total waste after 25 years.
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|Dear friends,
We have lot of problems of innocent middle class citizen of INdia. The professionals and small traders have no PF, nO PENSIONS, nO MEDICAL BENEFITS, NO SOCIAL GURANTEE.
This people often resort to buying small plot for their retirement benefits. In the era of SEZ,INDUSTRIAL ACQUISITION, HOUSING ACQUISITION,slum clearence acquisition etc takes away the retirement plan. Further the SEZ IN Principle approval they realtor/sez company simply marks some land even though they have not bought or entered into agreement with the owner of the land and apply for SEZ and also display in their WEB as if they are going to come up SEZ.It spoils ordinary citizen bread and butter.What are the course of action we can take against the aggregator or realtor by CIVIL AND CRIMINAL COURSE OF ACTION?
WHat is responsibility of the govt department when it is brought to the notice of ?