Poa miuse by builder
chandrasekar
(Querist) 28 September 2015
This query is : Resolved
Hi
Our society had provided POA to builder for demolition and reconstruction of flats.while builder is supposed to pay us rent till possession of apartment at Rs12k per month.The builder had a contract for 4 years to accomplish the same but nothing done in last 3 years.after demolition no work is started expect the CMDA approval.
However off late - for last 9 months builder is not paying the rent
The builder had also pledged some part of the land and he is also planning to sell some portion of land
The Societies president/treasurer are conniving with the builder and they may have a super authority sort of in the society.
What are the options we have (i presume this could be a irrevocable POA)
Please provide steps for
1) getting documents from bank in which its pledged legally
2) revoke POA
3) How to get forcenics analysis of society president and treasurer for conniving
4) how long these cases can go? what kind of expenditure we wil have to bear/how much (just an approximation)
vswaminathan
(Expert) 30 September 2015
OFFHAND
Lately, the players in the realty sector have been engaging selves proactively in ventures of demolition and reconstruction of years -old housing society properties. No doubt, the state government is claimed to have taken a few measures to regulate, control and keep monitoring such activities. Even so, those regulatory steps taken, in the ultimate and critical analysis , might be found to be not foolproof or inadequate to take care of all problems foreseen or otherwise.
A just now published article on the website of Accommodation Times titled- "Claim your extra space in Redevelopment of Housing Society" calls for a mindful attention and special noting.
vswaminathan
(Expert) 30 September 2015
To ADD
OFFHAND
Querist will , to begin with, before deciding to and consulting an expert in practice, find it worthwhile to look up the following links, for finding useful clues, if not straight answers, to the specific points of doubt raised:
Cancelling general poa, joint development agreement - Lci
breach of collaboration , misuse of POA and cheating
Supreme Court of India rests out the much awaited ...
T. Kalaiselvan, Advocate
(Expert) 05 October 2015
You may first take steps to the suggested measures by expert Mr.Swaminathan through the link provided.
