Registered deed having third partys stamp paper validity
vincent
(Querist) 24 June 2012
This query is : Resolved
dear sir, a registered sale deed executed in the year 1975 contains stamp papers purchased in the name of third parties.not even a single stamp paper is purchased in the name of seller or buyer.but it is an registered document. is it valid or not? (2)can a general power of attorney delegate his powers to others? (3) through gpa can one buy a property and then sell the same property to others? please give the details with relevant citations or judgements. i am living in thanjavur, tamilnadu, india.the properties are also belongs to the same area and all transactions happened during the year 1975.thanking you.
Devajyoti Barman
(Expert) 24 June 2012
1. It is valid though liable to be challenged.
2.Yes if he so authorised by the Principal.
3.Yes if he is close family relative of the Principal. However if the sale was executed far back then outsider may also transfer on the basis of POA if properly registered.
Suhail A.Siddiqui
(Expert) 25 June 2012
It is contravention of Stamp Act,better to get new one set of paper.