Hello Experts,
Want to know does the ungistered bayana agreement of immovable property on stamp paper Rs 100 is a valid agreement. The Bayana agreement wherein some amount (1 lac) has been paid to original owner of the property as an advance money and a date has been fixed to make the balance payment. In this case both the parties entred into agreement called Bayana agreement on the stamp paper of Rs 100/- in front of some witness but not stamped by notary.
Can this bayana agreement stand valid?
Thanks,
Rajiv