कोशिश गोल्ड - मुक्त

SUPREME COURT: PLEA MOVED TO ALLOW PUBLIC INSPECTION OF GENERAL POWER OF ATTORNEYS IN PROPERTY TRANSACTIONS

The Business Guardian

|

September 07, 2024

The Supreme Court in the case Abishek Nath Sarvaria vs Union Of India observed wherein the Union Government told the court that it will explore if a legislative intervention is being required to address the issues which are raised in a petition filed seeking public inspection of General Power of Attorney, GPA issued in property transactions.

SUPREME COURT: PLEA MOVED TO ALLOW PUBLIC INSPECTION OF GENERAL POWER OF ATTORNEYS IN PROPERTY TRANSACTIONS

The bench comprising of Justice Surya Kant and Justice Ujjal Bhuyan was hearing the present matter.

In the present case, the Public Interest Litigation, PIL was filed by a petitioner-in-person seeking directions to allow GPAs entered by parties in relation to immovable properties to be open for public inspection and verification under the Right To Information Act, RTI 2005.

The Section 57(3) of the Indian Registration Act 1908 provides that copies of GPA or a Special Power of Attorney, SPA can be given by the registering officers only to 'any person executing or claiming under the documents to which such entries respectively refer, or to his agent or representative'.

The provision of section 51 (3) of the Indian Registration Act 1908 entails GPA or Special Power of Attorney, SPA as part of 'book 4' which is immune from public scrutiny.

The counsel, Additional Solicitor General Vikramjit Banerjee sought time to explore possible legislative solutions to the prevailing which are being raised by the petitioner.

The Business Guardian से और कहानियाँ

The Business Guardian

The Business Guardian

India’s current account deficit expected to rise to 1.7% of GDP in FY26

India’s current account deficit (CAD) is expected to rise to 1.7 per cent of GDP in the current financial year FY26, higher than the bank’s earlier projection of 1.2 per cent, according to a report by Union Bank of India.

time to read

2 mins

November 20, 2025

The Business Guardian

The Business Guardian

BCI removes fake-degree lawyer

The Bar Council of India (BCI) has ordered the immediate removal of an advocate who secured enrolment using a fake law degree, while simultaneously exposing what it describes as an exceptional case of internal collusion involving touts, intermediaries and staff within the State Bar Council system.

time to read

2 mins

November 20, 2025

The Business Guardian

INDIA MUST PUSH FOR 25% OIL TARIFF ROLLBACK AFTER REDUCING IMPORT OF RUSSIAN OIL: GTRI

US urged to remove 25 oil tariff immediately

time to read

2 mins

November 20, 2025

The Business Guardian

The Business Guardian

Gold jumps Rs 1,500, silver surges Rs 4,000 in Delhi

Gold prices in Delhi rose Rs 1,500 to Rs 1,27300 per 10 grams on Wednesday, tracking a strong rally in international rates, according to the All India Sarafa Association.

time to read

1 min

November 20, 2025

The Business Guardian

RBI adds more platforms to 'Alert List' of unauthorised forex trading

The Reserve Bank of India (RBI) has expanded its ‘Alert List’ of unauthorised forex trading platforms by adding seven new entities and their websites, cautioning the public against engaging with them for currency trading.

time to read

1 min

November 20, 2025

The Business Guardian

SFBs enter next phase of growth with diversification and digitisation

Small Finance Banks (SFBs) in India have entered a pivotal phase of their evolution, transitioning rapidly from their microfinance institution (MFI) roots into robust, diversified lenders with multi-product capabilities, according to a report by Systematix Institutional Equities.

time to read

2 mins

November 20, 2025

The Business Guardian

The Business Guardian

Mobec's Energy Storage Solutions Get a Green Signal from India's Auto Giants

With India witnessing a massive surge in electric vehicle (EV) adoption, Mobec. io (Mobec Innovaion), one of the frontrunners in mobile and modular EV infrastructure, has announced a significant step with its Mobec Energy Storage Solutions having received the green signal from Oil Lube Systems a pioneer in replacing traditional gensets for India’s largest passenger vehicle manufacturer and the third-largest two-wheeler manufacturer in India.

time to read

1 mins

November 20, 2025

The Business Guardian

The Business Guardian

Protesters slam SC order on removing stray dogs

Slogans like “remove corruption, not dogs” and “no dogs, no votes” rang out at Jantar Mantar on Wednesday as dozens gathered to protest the Supreme Court's recent direction to remove stray dogs from public and institutional spaces.

time to read

1 min

November 20, 2025

The Business Guardian

The Business Guardian

Sebi extends deadline for mutual fund regulation comments

Markets regulator Sebi on Wednesday extended the deadline for submitting public comments on its proposed overhaul of mutual fund regulations by a week, now due by November 24.

time to read

1 min

November 20, 2025

The Business Guardian

The Business Guardian

Rustomjee Group Partners with Mercedes-Benz India for a Celebration of Heritage and Craftsmanship at the Mercedes-Benz Classic Car Rally 2025

Rustomjee Group, one of Mumbai's leading real estate developers, partnered for the Mercedes-Benz Classic Car Rally (MBCCR) 2025, held on 15th and 16th November at the Taj Lands End, Mumbai. This two-day celebration brought together over 70+ vintage and classic Mercedes-Benz models, ranging from prewar legends to modern classics, along with collectors, design connoisseurs, and cultural icons.

time to read

2 mins

November 20, 2025

Listen

Translate

Share

-
+

Change font size