can a person gift property to his family members of which he became the attorney by virtue of notarized power of attorney?
tina biswas (advocate) 05 May 2012
can a person gift property to his family members of which he became the attorney by virtue of notarized power of attorney?
adv. rajeev ( rajoo ) (practicing advocate) 05 May 2012
By vrtue of PA he can gift the property, but in the recent ruling registration of PA is mandatory.
sridhar pasumarthy (ADVOCATE) 05 May 2012
Rajoo Sir,
Recent ruling mandates registration of POA wrt immovable property but not wrt movable property.
Author has not specificed the subject matter of gift and also the nature of authority provided to him under the POA.
sri (ceo) 06 May 2012
poa not...
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