Validity of Conveyance Deed in law
1. Mr. ABC was the owner of the immovable property in Virar, Dist. Thane. By virtue of Agreement to Sale dated 01/09/1989 Mr. ABC has agreed to sell said immovable property to Mr. Hemant.
2. Upon receipt of entire consideration by Mr. ABC in terms of the said Agreement to Sale, made and executed notarized Power of Attorney in favour of Mr. Hemant, on 21/12/2002 in respect of the said immovable property.
3. Subsequently by virtue of Conveyance Deed dated 11/06/2004 and on the basis of said Power of Attorney dated 21/12/2002, Mr. Hemant has transferred and conveyed the said immovable property in favour of Mr. XYZ. But due to unavoidable circumstances the said Conveyance Deed dated 11/06/2004 has not been registered within stipulated period.
4. However, after a span of 27 months, the Deed of Confirmation dated 29/09/2006 has been made and executed between Mr. Hemant and Mr. XYZ in respect to the said Conveyance Deed and said Deed of Confirmation is duly registered by annexing the said Conveyance Deed dated 11/06/2004.
5. The said Conveyance Deed is adjudicated from the office of the Collector of Stamps Thane and full stamp duty of Rs. 4,26,140/- has been paid on 11/06/2004.
Question: Whether above said conveyance deed can be treated as a registered conveyance deed and as per law the said conveyance deed is a valid or not. What is the strength of this conveyance deed? Anybody can challenge this conveyance deed, as same is annexed to the Deed of Confirmation. Kindly reply me in detail.
Asked 8 years ago in Property Law
Religion: Hindu
