novation
PRAKASHCHANDRA MARU
(Querist) 11 August 2009
This query is : Resolved
hello all learned experts
A COMPANY WOULD LIKE TO EXECUTE THE LEASE DEED FOR THE THREE YEARS WITH MY CLIENT I PREPARED AND SENT TO COMPANY COMAPNY WILLING TO EXECUTE THE LEASE DEED BUT BEFORE MAKING IT COMPANY SEND NOVATION THAT WE HAVE TO FILL AND FORWARD TO COMAPNY IT IS NEW FOR ME I READ IT AND I UNDERSTOOD THAT IT SHOULD BE PREPARED AFTER THE EXECUTING THE REALESE DEED BECAUSE IN THE NOATION DEED IT WAS STATED THE STATE THE STAMP DUYTY SERIAL NO-OF DEED AND DATE OF EXECUTING DATE AM I RIGHT IF I MISUNDERSTOOD PLS CLARFY THANKS IN ADVANCE
Manish Singh
(Expert) 13 August 2009
Dear Mr. Maru,
yes as per the understanding provided by you, the company wants you to fill up the deatils of the lease deed entered by you and the company which can only be filled after the said lease deed gets xecuted,
also, just filling up the novation deed would not make any obligation on your part to renew the said lease unless you sign the same.
