As we had some mistakes in the partition deed , we exercised a rectification deed to overcome those in 2013. Now as we were going for a bank loan it seems that we have mistakes in the rectification deed. What can we do?
sin 11 June 2018
As we had some mistakes in the partition deed , we exercised a rectification deed to overcome those in 2013. Now as we were going for a bank loan it seems that we have mistakes in the rectification deed. What can we do?
Rama chary Rachakonda (Secunderabad/Telangana state Highcourt practice watsapp no.9989324294 ) 11 June 2018
In case some of the parties to the agreement do not agree to such an amendment or rectification of the executed documents, the other party may file a suit before a court under Section 26 of Specific Relief Act 1963. The law provides for relief to parties in case the real intention of the party is not properly reflected in the documents executed because of a bona fide mistake of fact.
The aggrieved party may institute a suit to have the deed rectified. The court can direct the rectificati ..
sin 11 June 2018
Sir,
Every party was in agreement during the making of rectification deed. The rectification itsself contain mistakes. Every party is ready to correct that. But we don't know how.
sin 11 June 2018
Thank you sir, for your reply.