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JAGADEESH GOVIND (ADVOCATE)     07 January 2010

Execution of agreement by NRI

Dear Sir,

Mr.A is a NRI has signed an agreement in abroad and send to India by post for putting signature of second party in India.

Whether the above agreement is leagly enforceble.

Regards,

JAGAN

 

 



Learning

 8 Replies

A V Vishal (Advocate)     07 January 2010

Yes, it is legally enforceable agreement.

V. VASUDEVAN (LEGAL COUNSEL)     12 January 2010

 The document has to be presented in India before the stamping authority for stamping (franking). The document may be presented along with the covering letter/proof of date of receipt in India.

Vasudevan

Suresh CSLLM (Service)     16 February 2010

It is required to present for simaping if its already not stamped. If execution by NRI is arelady on stamped document then no need to stamp it again.

Gagan Gupta (Advocate)     24 February 2010

Some times documents required to be attested by Consulate/Indian Embessy for the proof of execution.

Suresh CSLLM (Service)     02 March 2010

Yes, it is party specific requirement.

a Party or office in Indian can insisit that execution aborad by a NRI should be attested by Consulate/Indian Embessy for the proof of execution. This like witnessing the signature.

CA Adarsh Agrawal (CMD of SHAYVIDZ Group)     07 March 2010

agreed wid all learned members..

Devesh A. Bhatia (Advocate)     19 August 2010

It may not be valid without witnesses and two witnesses have to be present at the signing of the contract. 

Basavaraj (Asst, Manager-Legal)     23 August 2010

I agree with Gupta


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