effect of endorsement on a agreement for sale of land

Querist : Anonymous (Querist) 11 May 2010 This query is : Resolved
Dear friends

What is the effect of endorsement of receipt of amount (again a part amount) by the seller on the back of unregistered agreement for sale after the stipulated time mentioned in the agreement for registration and for handover of pessession?

And such endorsement being without mention of any further extension of time or without any witnesses present. Only seller happens to sign acknowledgement for the amount received. How are the rights of the either parties legally stand in this situation?

Thank You in advance.

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adv. rajeev ( rajoo ) (Expert) 11 May 2010
it is valid transaction. Any how seller is necessary to be present before the sub registrar while registering the agreement of sale or sale deed at that time he has to say so much of part amount is received and balance amount is received today ( at the time of registration)

Raj Kumar Makkad (Expert) 11 May 2010
I have smilr opinion as of rajoo.

N.K.Assumi (Expert) 11 May 2010
Extension of time for perfomance of agreement need not be in writing as per the pronouncement of the Supreme Court.

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