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shyam lal 08 May 2022

Sale/purchase of immovable property

I am been told S.C. of India has made the sale and purchase of property through Power of attorney illegal.
Query..does the same apply for transfer of share in immovable property.

Quick Summary

The Supreme Court of India has ruled that the sale and purchase of immovable property through a Power of Attorney is illegal. This ruling also extends to the transfer of shares in immovable property, meaning that a registered sale deed is now required for valid property transactions.

3 Replies

Dr J C Vashista (Advocate) 09 May 2022

Surya Roshini Ltd. V State of Haryana case judgment passed by Supreme Court of India for sale / purchase of immovable properties on power of attorny.

1 Like

Advocate Bhartesh goyal (advocate) 09 May 2022

In said judgment S.C held that property transfer through power of attorney is illegal for validiation of sale transfer sale deed must be registered.

1 Like

Kishor Mehta (CEO) 09 May 2022

Transfer of share in immovable property through power of Attorney is also not valid.

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