Deed of personal guarantee
Rahul Lahiri
(Querist) 23 November 2013
This query is : Resolved
Dear Experts
Is it compulsory to register a deed of personal guarantee. One of our clients is providing a personal guarantee for a sum of Rs.5 lacs on a non-judicial stamp paper.
How to make it legally enforceable? If it is required to registered in Allahabad, Uttar Pradesh what would be the registration fee and stamp duty?
Rajendra K Goyal
(Expert) 23 November 2013
Registration of Guarantee Agreement is not compulsory.
ajay sethi
(Expert) 23 November 2013
check stamp act of UP as to stamp duty payable .
R.K Nanda
(Expert) 24 November 2013
agree with experts.
