Leave & License

Dineshkumar Gupta (Querist) 23 February 2010 This query is : Resolved
Where to be Leave & License agreement to beregistered and notarised?

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prakash vathore (Expert) 23 February 2010
leave and license agreement has to be registered before the sub registrar.

Guest (Expert) 23 February 2010
i do agree with Mr Prakash.
Leave and License agreement is registered at the office of the Sub-Registrar The document should be registered within 4 months from the date of execution. If it is not registered within 4 months then it can be registered with penalty.
Non registration of leave and license Agreement is punishable with imprisonment which may extend to three months or fine not exceeding Rs.5000/- or both.
The registration charge for a Leave and license agreement is Rs.1000/-

B K Raghavendra Rao (Expert) 23 February 2010
Leave and licence agreement for a period of 11 months or less need not be registered.

Kumar Thadhani (Expert) 24 February 2010
Opined relating to your query had been replied correct bt experts.

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