Agreement on letterhaed

P.C. Joshi (Querist) 21 April 2014 This query is : Resolved
Dear Friends,
If I make a dealership/distriboturship agreement on letter- head instead of stamp paper and sign and withnessed by both the parties.Is it a valid legal document or it has to be made on stamp paper only.

Is a term of trade containing majpr terms and condition for distributorship arrangement between two parties is legally enforceable.

Please let me know your comments.

Thanks

P.C. Joshi

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ajay sethi (Expert) 21 April 2014
it would be valid document and would be legally enforceable .

ABDUL RAZIQUE (Expert) 21 April 2014
it is better for you that should registered the agreement because Registered agreement has more value in place of a plane or normal agreement.

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