Hi,
I have come across this website while searching for information on selling property in India. I work for an insolvency and bankruptcy firm in Perth Western Australia and we have been appointed the Trustees of a bankrupt estate that holds property in Chennai, India. I have some queries about the sales process of a property held under a bankruptcy trustee and was wondering if you can advise me regarding the following:
1) Does the Trustee need to be present at the point of sale to transfer the title deed;
2) Is a Trustee allowed to sell a property in India as part of a non-resident Indians bankrupt estate; and
3) What are the legal requirements of selling a property in India.
Any help provided would be much appreciated.
Thank you