Gpa

Querist : Anonymous (Querist) 29 June 2021 This query is : Resolved
Good morning sir/madam
My son is living in the USA. He executed a power of attorney in 2014 in favor of his close relative to take care/manage his property owned by him in Andhra Pradesh state. Recently he came to know that his property was sold by the Gpa holder in the same year i. without his knowledge. The Gpa holder eighter he informed about the matter or handed over the sale consideration. Now, what is the legal he can take against the Gpa holder?

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A son in the USA granted a Power of Attorney (GPA) to a relative in 2014 to manage his property in Andhra Pradesh, India. He has since discovered the property was sold by the GPA holder in the same year without his knowledge or receipt of the sale proceeds. The advice given is to consult a local advocate in Andhra Pradesh, presenting the GPA document and details of the sale to explore legal avenues. Options include filing a suit for recovery of money or sale proceeds with interest, especially if the GPA holder failed to hand over the funds to the principal.

SHIRISH PAWAR, 7738990900 (Expert) 29 June 2021
Hello,

Without knowing/seeing the document it is difficult to advise. Visit a local advocate and show him gpa executed by your son and find out the possibility to challenge the transaction.

kavksatyanarayana (Expert) 29 June 2021
When GPA has given, the Agent whether he is a relative or a friend can sell/transfer the property with his choice. But he shall hand over the amount to the Principal. As the agent did not hand over the amount to your son ( the principal of the GPA), he can file a suit for recovery of money as per GPA. So consult a local advocate in AP if you are in AP or online.

Dr J C Vashista (Expert) 30 June 2021
Show relevant documents to a local prudent lawyer for professional advise.

P. Venu (Expert) 03 July 2021
Was the power for sale incorporated in the GPA? Anyhow, a suit could be filed recover the sale proceeds with interest.

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