GPA Sales

A Sale Needs a Sale Deed: Suraj Lamp & Industries v. State of Haryana on GPA Sales and SA/GPA/Will Transfers

An agreement to sell, an irrevocable power of attorney and a will, however carefully assembled, do not add up to a sale. The Supreme Court's 2011 reference judgment remains the starting point for any due-diligence review of a property held on such papers.