Amendments in registered development agreement deed
sanjay
(Querist) 18 May 2010
This query is : Resolved
Ours is a registered society in Mumbai, Maharashtra, registered under the Maharashtra State Coop. Societies Act. There are 20 chawl type structures running commercial activities. Recently, we have entered into an agreement for redevelopment with a Developer. The firm has partners A,B,C,D and E. Out of these, partners A and B have signed on the Agreement Deed.At the time of registering the Deed, the partner C has signed as one of the witness, in front of the Registering Authority. Is his sign as a witness valid?
Also, the society and the Developer want to make certain changes with mutual consent(the deed having been registered). Are the changes possible, and if so what is the procedure?
Raj Kumar Makkad
(Expert) 18 May 2010
If the partnership firm had authorized those two partners to sign the deed on its behalf then it is legal and justified but the change after registration is not a wise subject. It can be done but after thorough discussion decision should be taken by you all and after finalizing it, a supplementary deed/agreement should be got registered.
