What is a diiffernce between notorised and registerd agreement. Does notorised agreement is legally valid too.
THANKACHAN V P (Advocate & Notary) 12 July 2011
No doubt notorised agreements are valid if it satisfies legal formalities.Even unregistered agreements are legally valid provided it is duly stamped and in accordance with the provisions of the contract act.
himanshu harbola (Comp. Sec.) 14 July 2011
u have to refer S. 17 of the indian registration act whereby ceritain deeds and agreements r mandatorily required to b registered....ppl skip registeration by serveral act just to avoid stamp duty or registration cost involved......
VENKATARAMANI (professional) 15 July 2011
Why shud an agreement be notarised?
Attestation of an agreement by independent witness/s is enough, I thought.