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Aashish Sharma (Lawyer)     30 August 2008

Use of POA

Dear friends

my query is that suppose if "A" is Power of Attorney  holder of "B" and then "A" gets a house of "B" transfered in his own name, will it be a valid sale deed as "A" would be signing on the sale deed as seller on behalf of "B" as well as buyer on his own behalf.
is it a valid sale transaction?

Thanks in anticipation


Learning

 2 Replies

ca.bhupendrashah (FCADISA)     30 August 2008

SO LONG AS poa IS NOT WITHDRAWN OR NO FRAUD IS PROVED?

hiteshjdpandya (lawyer)     31 August 2008

no,this is not a valid transaction except A has given consideration to B or poa hes given with consideration and duly stemped with stempduty.


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