Dear All,
Whether General Power of Attorney is required to be registered or not??
Lavina Salian (Management Trainee) 20 June 2013
Dear All,
Whether General Power of Attorney is required to be registered or not??
Rajeev Kumar (Lawyer/Advocate) 20 June 2013
Rama chary Rachakonda (Secunderabad/Telangana state Highcourt practice watsapp no.9989324294 ) 21 June 2013
The government realized properties were being bought and sold through GPAs and no stamp duty was being paid on these transactions. To stop this and boost its revenues, in 2004, the Delhi government made it mandatory for GPAs to be registered at 90% of the stamp duty rate applicable to sale deeds. It made it clear the GPAs that are not registered will have no legal validity.
sridhar pasumarthy (ADVOCATE) 21 June 2013
What powers are going to be conferred through GPA?
All types of GPAs. are not compulsorily registerable.
Advocate Ravinder (Advocate/Attorney) 21 June 2013
If the GPA is relating to immovable property and it has sale powers, then registration is compulsory, otherwise not necessary.
kavksatyanarayana (subregistrar/supdt.(retired)) 21 June 2013
it is not compulsory registerable document. the GPA will in force till the death of the Principal. or the principal of GPA may cancel it.
Ajit Singh Cheema (practising Advocate) 21 June 2013
Need not be compulsorily registered . Please refer Syed Abdul Khader verses Rami Reddy , AIR 1979 SC 533 .
Dr. MPS RAMANI Ph.D.[Tech.] (Scientist/Engineer) 22 June 2013
Any registration is to assure the existence and genuineness of the concerned document. The Registrar is called the Registrar of "Assurances". When a person is dealing with another person, who is acting under a power of attorney, the first person has to assure for himself the genuineness of the power of attorney document. Further a general power of attorney is just a general power of attorney and not a specific power of attorney. A GPOA authorises the holder to do several transactions some of them in the future. Hence he will not surrender the original GPOA document every time a transaction is done. He will give only a copy. The receiving person will need an assurance and an authentic document and not just a copy only for any further transaction.. If the original GPOA was registered, the holder or the principal can apply to the Office of the Registrar, where it was originally registered and get an authenticated copy.
Nothing, whether it is a document or a marriage, requires registration until and unless it is challenged. Of course, in general interest, the Government has made the registration of certain documents compulsory.