General Power of Attorney Holder Cannot Claim Ownership of Property, Must Remit Sale Proceeds to Principal: Delhi High Court

The Delhi High Court has held that a General Power of Attorney (GPA) is an instrument of agency and does not transfer ownership, title or interest in an immovable property to the person holding the power. Justice Neena Bansal Krishna dismissed an appeal filed by Bhisham Mehta and upheld the decree directing him to pay ₹1,01,78,074 to the legal heirs of his sister-in-law, Kusum Mehta. Property Was Jointly Purchased In…