Investment agreement in construction industry

ADV.MRS.SAILI S. SHEVDE (Querist) 17 May 2012 This query is : Resolved
Can a Developer avail private funding in which he assures the profits / interest on investment in the fixed period.

Or the said Agreement is to be clubbed with sale of constructed unit/s.

Does these Agreement require money lending license?

How to draft such agreement?

Pl. answer.

Thanking you,

Adv.Saili

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A V Vishal (Expert) 17 May 2012
Can a Developer avail private funding in which he assures the profits / interest on investment in the fixed period.

ANS.YES

Does these Agreement require money lending license?

ANS.NO

How to draft such agreement?

ANS. TAKE SERVICES OF A LOCAL SENIOR

Nadeem Qureshi (Expert) 17 May 2012
Mr. Vishal is right

Suhail A.Siddiqui (Expert) 17 May 2012
Money landing licence is required to those business entity who wants to do business and earn profit with this business. In your case it is not required. other services may avail from local lawyer.

Shonee Kapoor (Expert) 18 May 2012
I agree with expert opinion provided.

Regards,

Shonee Kapoor
harassed.by.498a@gmail.com

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