Querist :
Anonymous
(Querist) 08 June 2011
This query is : Resolved
If 2 companies A, & B undergo for joint development of some part of land and, company A (land owner) execute GPA in favor of person X, employed in Company B- for executing trade and legal documents.
Can person X now execute a GPA in favor of third person Y, to act on his behalf and enjoy all the rights company A vested with person X. Can this person Y act as a party for registering the documents like sale deed?
R.Ramachandran
(Expert) 09 June 2011
It is quite possible, provided there is provision in the original GPA granted by Company A in favour of X, enabling him to sub-delegate to any other person or to appoint any other person to perform the GPA functions on his behalf. BUT THE POSSIBILITY OF SUCH A CLAUSE IN THE GPA GRANTED BY COMPANY "A' SEEMS TO BE VERY RARE. Therefore, it would be advisable if Company "A" itself cancels the GPA in favour of "X" and instead grants in favour of "Y".
Ravikant Soni
(Expert) 09 June 2011
I think a delegate cannot deegate his power. You can go thru POWER OF ATTORENY ACT.
prabhakar singh
(Expert) 10 June 2011
your Q???Can person X now execute a GPA in favor of third person Y, to act on his behalf and enjoy all the rights company A vested with person X. Can this person Y act as a party for registering the documents like sale deed? MY ANSWER:no!
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