C S Sharma
24 June 2015 at 04:36
Dear Sir
There are 4 directors in my company, I am one of them.
In year 1995 I gave my land for rent for 30 years.
Now I want discontinue this agreement, because some term not in my favor, like if company fail to repay loan of bank, the bank can sale my property & recover his money. I agreed on faith by mistake.
Now I want cancel this agreement, but a director who signed this agreement is refusing.
Our of 4 director, 1 director is with me & I am also director.
Can I cancel this agreement , if any 1 director sign on stamp?
Or what is procedure to cancelation?
Please help me
Thanks & Regd
C S Sharma
Cancelation of lease
Dear Sir
There are 4 directors in my company, I am one of them.
In year 1995 I gave my land for rent for 30 years.
Now I want discontinue this agreement, because some term not in my favor, like if company fail to repay loan of bank, the bank can sale my property & recover his money. I agreed on faith by mistake.
Now I want cancel this agreement, but a director who signed this agreement is refusing.
Our of 4 director, 1 director is with me & I am also director.
Can I cancel this agreement , if any 1 director sign on stamp?
Or what is procedure to cancelation?
Please help me
Thanks & Regd
C S Sharma