VIJAY K. TEOTIA
27 September 2015 at 16:44
Is is necessary to execute commercial agreement on Rs 100/- Non judicial stamp paper? I understand that such type of agreements are covered by entry No 5 (c) of schedule 1 of the said act.
Can we execute such type of agreements on plain paper or company's letter head?
VIJAY K. TEOTIA
27 September 2015 at 08:45
Sir
Is is mandatory to get any business/commercial agreement notarized between two private entity? if yes/no please inform the provision also or the judgement.
Dr. Shekhar
26 September 2015 at 19:39
Kindly advise some good book in simple langugage to understand CPC with illustrations on each rule or a website. Thanks
Rinu
24 September 2015 at 11:50
I am a Naredeco Certified Realtor. One of my client's land had been acquired 50 years back. According to him no compensation received. I checked the records and found him right.
Now he has offered to hire me either to get the land back or get the compensation from the Govt. To which I have agreed upon.
I have prepared an agreement,
The gist is, he will pay me a certain percentage of the benefits, whatsoever he gets from the Govt.
If he gets back the same land back or any other land, he will sell this property in the open market and then will pay my fee and if he gets some cash in compensation then he will pay my fee on the same day of the receipt.
Now the dilemma is , should I get this agreement registered or even the unregistered one will suffice?
I tried to understand by researching on internet and got this---
Indian Registration Act 1908
17. Documents of which registration is compulsory
(1) The following documents shall be registered, if the property to which they relate is situate in a district in which, and if they have been executed on or after the date on which, Act No. XVI of 1864, or the Indian Registration Act, 1866, or the Indian Registration Act, 1871, or the Indian Registration Act, 1877 or this Act came or comes into force, namely:-
(b) other non-testamentary instruments which purport or operate to create, declare, assign, limit or extinguish, whether in present or in future, any right, title or interest, whether vested or contingent, of the value of one hundred rupees, and upwards, to or in immovable property.
BUT COULD MAKE NO HEAD NO TAIL.
KINDLY GUIDE.
Manu sharma
24 September 2015 at 01:47
If a govt org entered into an mou with the pvt consultant firm for 10 mnths and and firm cannot cmplete the asignment in that duration and after 4 months cnsultant offers to extend the mou beyond the date of expiry on the same terms and the govt org is willwilling to extend the mou.
So can it be done legally.
jains
23 September 2015 at 22:32
two persons executed a promissory note to me and stated in it that 1st portion of money will be paid with in a specified date and the balance amount will be paid in another date. this specification of dates of payment in it will affect its nature as a promissory note.
dvarunh
23 September 2015 at 22:19
gave a hand loan of 20 lakhs 3 years back, now i want to prepare a loan agreemnt with borrower.which stamp paper shall i use?
can i mention interest also?
dvarunh
23 September 2015 at 20:51
sir,
i have given a sum of rs 20 lakhs to a person 3 years back at 2 rs interest.till today he didnt pay interest or principal ,today i want to have register this on a stamp paper.
1.on which demnominaton 20,50,100 rs stamp paper should i write this and get his signs?writing
2. whose signs i should take along with his as witness?
3.do i have get this stamp paper registered with a lawyer.
4.how many years is this stamp paper valid?
ibochouba
23 September 2015 at 11:22
Dear sir/madam,
Is a mutilated/punched stamp paper for filling,without obiliterating or destroying the content and security features of the stamp, declared void and thereby the paper is wasted?
Please guide with relevant section under an act for reference pertaining to the case above.
Thanks and regards,
Ibo.
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Notary agreement with tanent want to cancel or denie
hon expert
i am land owner (say A)and my land had tenant(say B) under maharahstra kul kayada. we both came under mutual understanding to leave his tenant right by agreement to to provide him ownership right of half land if surrender of tenant rights. We made Notary and submitted before competant authority to accept our agreement. but authority rejected our application for following reason....
one of 'B' tenant family. the family which is undivded at the time of tenancy claimed on our land. inserted one family person name of 7/12 property card as part of tenant, competant authority accepted his claim and inserted his name by his appeal, as tenant. obiviously our agreement is prior to this new person, and now this new person not ready to accept our agreement.
can we as a owner has right to cancel our agreement or understanding bcoz that new person is DON or criminal background person. where we not feel profitable to go with.