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DECLARATION OF OWNERSHIP OF AGRICULUTURAL LANDS IN PONDICHERRY


07-Sep-2026 (In High Court Law)
I had been a partner in a Parnership Firm. That time we as partners we bought Agricultural Lands in our Individual names. As the firm was incurring huge loss I just came out of the Partnership thro a Dissolution deed with An amount of Rs 2 Lakhs. After I got out iof the firm the other oartner who is my brother in law sold My portion of Property also along with Firm. Purchasers were given Power of Attorney to sell my property and they have formed a Lay out and sold them as Lots. The Purchasers who bought the land have approached a Bank for Loans. Bank rejected their application reason being Title deed in my name and Power of Attorney to sell the lands stand in different names. These new Purchasers approached me for a release deed. That time I came to know of the entire episode. Then I filed a suit in Trial court in 2009 My prayer wad declaration of ownership. Verdict to file a Partition suit. First Appeal confirmed same. Second Appeal Chennsi High court Interim order status quo. 2021
Answers (1)

Answer #1
570 votes
Since the title stood in your individual name and the property was not shown to have become partnership property merely because it was purchased during the partnership, the validity and scope of the alleged sale through the Power of Attorney will have to be examined from the title documents, partnership deed, dissolution deed and the GPA. Your 2009 suit and the decree declaring your ownership, followed by the First Appeal and the pending Second Appeal, are highly material. If the property was directly in issue in the pending litigation, Section 52 of the Transfer of Property Act (lis pendens) may also operate against subsequent transfers affecting the rights declared by the Court. � India Code The proposed release deed should not be executed without examining the complete chain of title and the orders in the Second Appeal, as signing a release/confirmation document may have serious consequences for your pending rights and contentions. The subsequent purchasers may seek execution of appropriate documents, but their rights will remain subject to the outcome of the pending proceedings and the validity of the earlier alienation. The limitation aspect must also be examined carefully, particularly because you state that you discovered the transactions only subsequently; Article 65 of the Limitation Act provides a 12-year period for a title-based possession claim, while other reliefs can carry different limitation periods
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