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vipin (abc)     02 September 2012

Gpa holder

Person  X  had  given  GPA over a  property to  person Y, GPA  holder.

Person Y plays  the  dual  role(buyer/seller) and buys  the  land. Person Y  did  this  in  September 2011, one  month  before  the  October supreme court  ruling. Is  it  legal  for  GPA holder to  play  dual  role?  Is  the  sale  deed  executed  by  GPA  holder void  and  illegal?



Learning

 4 Replies

H. S. Thukral (Lawyer)     02 September 2012

SC judgment you have in mind does not bar authorised acts of a GPA holder. it is only that the transaction which is infact a sale has been made on the bsis ( by executing ) of a power of attorney /agreement to sell/ Will in favour of a buyer. If the land has been purchased on the basis of above said doucments and registered sale deed is not executed then it can not be considered as a sale in law. This position existed before the SC judgment.

vipin (abc)     02 September 2012

Can  the  GPA  holder  play  dual  role  of  buyer  and  seller in a sale  deed?

Adv Archana Deshmukh (Practicing Advocate)     02 September 2012

No, he cannot. He can either represent the buyer or the seller.

vipin (abc)     02 September 2012

How can  the  defect  be  rectified?


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