Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Rajesh   20 January 2020

Who signs redevelopment agreement from society?

Respected Lawyers,

I just want to know that when a society building goes for redevelopment, an agreement is signed between the society and the builder.

What I am not clear is, who all are supposed to sign the agreement from society? Do all members sign the final agreement or only the managing committee? If only managing committee signs, is it a valid agreement?

Thanks and regards,

Rajesh



Learning

 2 Replies

Sb Karma   21 January 2020

Originally posted by : Rajesh
Respected Lawyers,

I just want to know that when a society building goes for redevelopment, an agreement is signed between the society and the builder.

What I am not clear is, who all are supposed to sign the agreement from society? Do all members sign the final agreement or only the managing committee? If only managing committee signs, is it a valid agreement?

Thanks and regards,

Rajesh

 

All members first give NOC unanimously to manageing committee to go for deal,then they go for deal.It is valid if all members approved committee to go for deal.

1 Like

SHIRISH PAWAR, 7738990900 (Advocate)     21 January 2020

Dear sir,

Society by a resolution can appoint person for signing the development agreement or chairman and secretary can sign the agreement.

Regards,
1 Like

Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register