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Dear friends, i need expert opinions on a unregistered agrement of bussiness transfer.story is like this :i have transfer all my bussiness assests and liabilities to one of my relative on a 100 rs stamp paper duly signed by two witnesses.Now They rae denying to accept that agreement and folow the terms.I want to know what wil be the reliability of that agreement.
 
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Advocate&consultant

If you want to enforce that agtreement in the court, you have to pay duty and penalty, over the value mentioned in  the agreement, thereafter the agrremnet will get value and also it is admissable in eveidence 

srishaila,advocate,bangalore,9741425514,sdharani120@gmail.com

 
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sir,as i have already paid the stamp duty of the papers .i have not sold any property or so.

 
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i want to clarify that i have not mention any amount in the agreement aganst the transfer of the bussiness.

 
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BE/ LLM in Corporate Laws

Please post the copy of the Agrement with your Thread.

 
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