Raj Sharma
10 December 2013 at 00:27
I would like to know the meaning / ramification of having the heading/title of a business agreement (signed on a Rs. 50 Stamp paper) "DRAFT FOR DISCUSSION WITHOUT PREJUDICE".
The agreement details the roles and responsibilities between two parties where the first party manufacturers goods and the second party has agreed to sell the goods to a number of different third parties for a commission on the total volume of sales.
We are the second party. So does this mean that whatever commitments the first party have made on account of commissions or exclusivity of the customers introduced by us cannot be challenged in a court of law if not adhered to by the first party ?
Please advise.
sujit
10 December 2013 at 00:12
i am drafting a power of attorney to add an authorised signatory in a sole proprietorship bank account . can i print the contents on ledger papers (green papers),front and back side and get the franking of the documents done or is it mandatory to print on stamp paper.
when should the documents be franked ,before signing of all parties or after signing
goyalbimal56@gmail.com
09 December 2013 at 21:46
In punjab revenue fee payable by agriculturist for aloan for agriculture is exempted.I want to know that we as banker have to to take balance confirmation letter from agri borrower once in three year.please advise the stamp duty payable by borrower.
sujit
09 December 2013 at 19:51
I AM DRAFTING A POWER OF ATTORNEY TO ADD AN AUTHORISED SIGNATORY IN A BANK ACCOUNT ,CAN FRANKING BE DONE INSTEAD OF PRINTING IT ON A STAMP PAPER .IN CASE OF FRANKING, THE CONTENT IS ONLY OF TWO PAGES ,SHOULD I PRINT FRONT & BACK SIDES OF THE SAME PAGE OF PRINT ON TWO DIFFERENT PAGES (IN CASE OF FRANKING)
SANGAMESWARA RAO DHUPAM
09 December 2013 at 17:58
Respected Sirs,
8 members have purchased a site as 2 members some yards and 3 members some yards and 3 members some yards of site in the same location and entire site adjacent to one another. Afterwards they jointly laid foundation for construction of Apartment on that site with their funds. Now the site is at foundation level only. Now they want to partition the property equally. They prepared a deed of partition for 8 equal shares. In the present partition it is recited that in the presence of their caste elders and also mediators conducted meeting for the allotment of flats that may be constructed and they agreed and accepted the flats allotted to them individually. In Andhra Pradesh there is a practice to enter a Development/Construction Agreement in which all the parties agree to construct the Apartment by themselves or by a another Developer/Construction Agency. For that Construction Agreement is being charged with Stamp Duty @5% on the total proposed constructions i.e., total floors area+Site+Car Parking +Stilt. In that Development Agreement also the Developer or the parties who upon the terms of Agreement develops the site divides the property i.e., Flats to the owners of the site. Though there is a Development Agreement and Partition in the said document, it is being treated as Development Agreement only according to the Commissioner and inspector General of Registration and Stamps, A.P. Hyderabad. But in the present case the parties only drawn a Partition for the future constructed floors also but not for the foundation level. But they are now paying stamp duty only on the foundation level partition. In this connection, respected sirs kindly enlighten me whether it is possible for partition for a future property i.e., floors to be constructed later on under Transfer of Property Act.
tsrsharma
09 December 2013 at 14:43
Sir,
Please advise how to take legal hair certificate as my father passed away 2.5 years ago and my step mother is there but she is not well sound so i want to give up to my aunt (my fathers sister) how to get the legal hair of it.
Vic
09 December 2013 at 14:00
Hello all. I am having a property which is on my fathers name. Original sale dead is lost which was made in 1984. I am having the certified copy.
I want to transfer the property to my mothers name or my name.
I want to know the procedure to get new papers made on my mother's name or my name.
Please suggest me how to proceed.
Thankyou.
dhanu
09 December 2013 at 11:51
Respected Sirs,
I shall be highly obliged if the experts here can answer the following question.
I have filed applications for Injunction, deposit of rent in April 2012, and after several hearings I have filed Application for struck of defence, still no reply has been filed by the Defendants.
Please suggest me, I have filed application by in person
Regards,
dhanu
Jamil Imam
07 December 2013 at 18:58
I would like to know under which Section of the Indian Stamp Act, does it state that in case if the document is to be executed in different states of India, then the the stamp duty in the state whichever is higher needs to be paid.
Would like to know the section of the Indian Stamp Act which categorically defines the above.
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Rent agreement
Dear Experts,
1. We are entering a rent agreement for 3 years and further one clause we want insert for further renewal of the same for next 2 years.Is this agreement valid in law OR bad in Law.
2. Can we execute a rent agreement more then 11 months with out registering the same in court of Law. Is this agreement enforceable in Law ?
3. Which documents can be Notarized through a Notary to make the documents valid in Law ?