I prepared contract on stamp paper of Rs. 100. one foreign person and one indian are parties to the contract. I prepared contract on requisite value of stamp paper and sent to foreign person to get it signed. Foreign party will execute contract before notary and foreing party sent back contract and indian party execute before notary in india. Questions.
1) Is it valid contract ?
2) On receipt of contract in india, do we have to follow procedure to make it legal ? If yes, which king of procedure to be followed.
3) Is there any other way to execute contract with foreign person.