Gift deed and poa

Once you execute a gift deed, it is irrivocable. Your sister will become the absolute owner of the property.

For what purpose do you wish to execute a POA..?

Thanks for the reply sir.

Sir I want to have POA so that in future after matrimonial disputes are over, I can sell the property by myself.

Is selling the property possible by POA?

Is there any gap in number of days required between gift deed and POA?

Will such kind of gift deed for which I have POA, be considered in family court?

Regards

Dear Amit, once you execure a GIFT deed, you lose all your rights on the said property.

So in your case even the POA has no legal sanctinity .As per the judgement of the Honourable supreme court , all sale transfers done with a POA is not valid anymore.

The family court will take up the issue of your property only during maintenance proceedings and if you fail to pay maintenance to your wife.

thanks again sir.

".As per the judgement of the Honourable supreme court , all sale transfers done with a POA is not valid anymore."   

Does the above applies for gift deed as well?

Once you execute a gift deed, you lose all the rights on the said property.

A gift deed is a legal instrument by which you transfer all your rights on a particular immovable property  to another person.

A POA is a legal instrument by which you can authorise a person to do something ( like collecting rent , maintainig a property). A POA can be revoked/cancelled whenever you want.  

A gift deed can never be cancelled once executed.

Thanks Vishnu sir. Appreciate your help.

Sir what I get  from the discussion is that, one cannot sell the property if one has POA. One can only  take small decisions about it. Please confirm my understanding is right?

Also Vishnu sir, 

If gift deed is done in timely manner (before FIR is launched in matrimonial case), has the family court powers to revert it on later stages, like the cases of not able to give mentenance etc. Is the there any probability of reverting gift deed ?

Sorry to ask so many questions.

No. Once a gift deed is executed it cannot be cancelled . The famil court will lookinto your assets only if you do not pay maintenance to your wife and if you have any assets at that point of time when maintenance is decreed.