GPA cacellation and validity of sale
c.a.ashok kumar
(Querist) 23 February 2011
This query is : Resolved
A gives GPA to B. After 6 months B enter sale agreement with c for 20,00,000/- and time limit to pay whole amt with in 1 month.after 15 days c' refuse to purchase the property due to shortage of funds.on Jan2011 b cancel the sale agreement and enter a sale deed to D. The registration value as per GV is RS.12,00,000/-.the same day of sale A cacel the GPA with out the knowledge of B and gives false compliant against A as land grabing.In between A has filed caveat against B andC. All the documents are registered on same day.
docment no1- sale agreement cancellation
document s.no 2 - sale registration
document s.no 3 - GPA cancellation.How to reply the criminal complient lodged against b and c
Amit Minocha
(Expert) 24 February 2011
u have not raised any querry
c.a.ashok kumar
(Querist) 24 February 2011
my query is how to reply the criminal complient lodged against us
M V Gupta
(Expert) 24 February 2011
Even narration of the facts is not clear.
Shashikant V. Patil
(Expert) 24 February 2011
Dear Ashok,
Wheather all three documents are registered at same office or not? If the sale deed between B and D is registered before cancellation of GPA then it is legal and valid. it seems that,
A is a land owner.
B is a GPA holder of A
C was a one time executed agreement but lateron refuse ( he is no more in picture)
D is a new purchaser from B by virtue of GPA
Now, if A feels bad on part of B , but the cancellation of GPA was too late on the part of A therefore can not file a complaint against B. However, you may seek relief from the civil court for cancellation of sale deed.
c.a.ashok kumar
(Querist) 24 February 2011
thanks mr.shsshikant patil.But the sale agreement was executed for 20,00,000/- by the power holder and entered sale deed with D was entered Rs. 12,00,000/- due to urgent need of fund it legaly valid or not
