Can a Company do a GPA and then sell the land
This query is : Resolved
Jagan Raju
(Querist)
25 February 2021
Can a Company do a GPA and then sell the land to an individual , i am in process of acquiring 600 acers of land and do a GPA with my company(this is being done for the safety of the transaction) once i acquire the land i would register the land on to individuals by doing this i can save on double registration, can this be done or what is the the best method of doing this, thanks in advance for you help
CA R SEETHARAMAN
(Expert)
26 February 2021
Yes, company can issue GPA.
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