The SC says power-of-attorney sales adversely affect the economy, civil society as well as law and order.
Buy land, theyre not making it anymore, said Mark Twain. So there is a mad rush for property in urban centres and rules are broken with impunity. Several illegalities are taken for granted. One of them is the transfer of property through power-of-attorney (POA). The legal profession and document-writers invented it in the national capital and the Delhi High Court has virtually anointed this practice in its orders over the years.
However, the Supreme Court has made some harsh observations about this devious device and initiated reforms in an order in Suraj Lamp & Industries vs State of Haryana. This has become necessary, according to the court, as this case is a typical example of an irregular process spreading across the country. This case, confounded by POA deeds to hand over the same property to different people by the same owner, bounced cheques, criminal cases and an application under the Right to Information Act is still pending. But this is the first time any court, that too the Supreme Court, candidly dealt with the misuse of POA.
More : business-standard.com
Send an E-Mail for Delhi Property Enquiry!
Related News from Delhi
The Delhi High Court dismissed the petition of the residents of a prime property near Safdarjung hospital who wanted directions from the court for DDA that they should not dispossess them from their land even though their names are not on the revenue records.
The DDA claims the ownership of the land, nearly 65 acres, situated at the prime location of village Pilani Hasanpur, near Safdarjung hospital. About 14 families are in possession of this land and claim that their forefathers were the owners of this land. The land is required to build a hospital for the sports injury centre and
Dhull Land is a location in Delhi in India. If you have seen Dhull Land , then write us a review comment or your experience about this site in Delhi. This site is to provide information to visitors to this place. Your comment about Dhull Land is important to us. Please provide you comment / review / article on Dhull Land in Delhi below.
Delhi Metro has been rapped by the Comptroller and Auditor General of India (CAG) for acquiring excess land for implementing the Phase-I of the ambitious new age transport system.
In nine locations, it was observed that total land acquired was 642,000 square metre, which was in excess of the project requirement by 14 to 354 per cent, the CAG said in its report on the Phase-I of the DMRC.
It added the DMRC has acquired 3.22 million square metre of land for the Phase-I of the project, under which three lines were constructed, but has not maintained location wise
Department of Telecom is learnt to have sought recommendations from ministries of Law, Finance and the Planning Commission on its proposal to auction the prime land of VSNL, that was taken over by the Tatas except for the land, in which the government holds 26 per cent stake.
Sources said DoT has also written to the Department of Disinvestment for views. VSNL, the erstwhile state-run international long distance carrier, has 773 acres of land across the country with most of them being on prime locations with the potential to fetch a few-thousand-crores to the exchequer.
Tatas took over VSNL in
An autorickshaw impounded in 1996, its roof gone, sits atop a Maruti 800 car seized in 1998. Those and two police pickets are the only indication that this 8,300 square feet land in Sarai Rohilla is under police possession, and is being used as a malkhana.
But armed with a Power of Attorney, two men have come forward to claim that the police occupation of the land is illegal. And they have been meeting the top brass of Delhi Police.
An officer said that after the men lodged a complaint with the Commissioner last year, an inquiry was ordered. Newsline
