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Manish Kumar Gupta   04 April 2009 at 11:24

Need of Stamp Papers for an agreement

Dear All,

I want to know that what are the benifits of doing an agreement on stamp papers, rather than plain paper or Letter heads of the Company.
If agreement made on plain paper or letter Heads are admissible in evidence, and have the same value as agreement made on stamp papers.

Manish..

Ashey   01 April 2009 at 12:40

Sale deed deficit stamp duty

We have executed 6 sale deeds in our favour from six private companies for lands at Madurai, Tamilnadu and the deeds are kept as pending documents at the registrar office.

The stamp duty paid is as per the Guideline value issued by the Registrar (received under the RTI - 20 days before execution of the sale deeds) .

The schedule property is surrounded by a compound wall and a house, build within that compound wall,in a different survey no for which we have not executed sale deed

All lands within the compound wall had the same guideline value, which was revised recently (a year back)

Sub Registrar visited the site ( field inspection) and informed that the property in the sale deed is a house site and we have to pay stamp duty which is more than 7 times what we have paid now

And he says that he is going to refer the document to Special Deputy Collector Stamps for fixing the guideline value

We have executed the sales deeds only relying on the guideline value provided by the registrar otherwise we wouldn't have executed the deeds as it would attract long term capital gains for the companies which sold the lands

Whether they are justified in converting the land to house site and claiming excess stamp duty ? If so, why they haven't fixed the guideline value as a house site at the time of making revision ?

What would be your advice to us to get out of this mess and get the sale deeds registered ?

sushil tagaliya   31 March 2009 at 09:22

Mutation of Decree

Respected Sir,
In 1982 a decree has been done by The Senior Sub Judge in the favour of my Mother regarding agriculture land in Haryana. an intimation of the same has been given to the Tashildar of our area in 1983 for Mutation but no mutation has been made yet. in this period three person (only one defendent and two other ) who was the party has been dead.
i wannt to know whether this decree has legal now and whether i can make it implement now.

R. Ragu   31 March 2009 at 07:15

Need clarification over the rental aggreement

Hi,

My house owner(Lesser) sent a rental aggreement to me for verification before going for aggreement . On going thro' the document i came to know all the points favour to him only. please let me know any safety point can I(Lessee) include on this document on favour of me which is legal. Please verify the aggreement content and add additional points which favours and safety to me also. Your suggestions are very much valuable to me.Following the document.

RENTAL AGREEMENT

This Agreement of Lease executed at Chennai this 1st day of April 2008 between [HouseOwner] , aged about 44 Years, [address] hereinafter called and referred to as the Lessor which term wherever the context so permits or require shall also mean and include himself, his respective heirs, executors, administrator, legal and personal representatives, successors, nominees, beneficiaries and assigns of the ONE PART AND
Mr. R. Ragu, [Address]. Hereinafter called and referred to as the Lessee which term wherever the context so permits or required shall also mean and include himself, his respective heirs, executors, administrator, legal and personal representatives, successors, nominees, beneficiaries and assigns of the OTHER PARTY WITNESSTH:

WHEREAS the Lessor is the absolute owner of Flat [Address], hereinafter called the above said premises and whereas the Lesser has agreed to lease and the lessee has agreed to take on lease the said premises on the following conditions.
1. The term of this lease shall commence with effect from 01.03.2009.
2. The period of lease shall be for eleven months as and from 01.03.2009 to 31.02.2010.
3. The Lessee shall pay a rent of Rs.6000/- (Rupees Six thousand only) per month and the said rent is payable on or before the 5th of every succeeding English Calendar month.
4. The Lessee has paid this day to the lesser a sum of Rs.40,000/- (Rupees Forty thousand only) as security deposit, the receipt of which the Lesser hereby permits and acknowledges. The said deposit will be returned by the Lessor without any interest on the date of handing over vacant possession of the said premises charges and the cost of any damage if any, caused to the said premises due to the negligence of the Lessee.
5. It is absolutely resolved between the two parties whether he or she should not make enter into any agreement or sub-lease on my contract to the above said properly on any circumstances hitherto.
6. The Lessee shall not make any additions, alterations, variations of structural nature in the said premises or any part thereof without first obtaining the written consent of the leaser.
7. The Electricity consumption charge shall be paid by the lessee regularly as per the Board Tariff.
8. The Lesser or his authorized representative will enter/inspect the said premises whenever necessary during reasonable hours in day time on due notice being given in order to examine the state and condition of to attend to and necessary repairs or to show the said premises for the prospective future tenants/ purchaser/lenders.
9. The lessee shall pay the building maintenance charges regularly as per the terms and conditions of the society.
10. The lessee hereby agrees to deliver the possession of the said premises in good order and proper condition after the expiration or sooner termination of the said terms subject to performance by the Lesser.
11. While vacating, the lessee shall remove his own fixtures and fittings. Air conditioners and other appliances if any ensuring that no damage is done to the structure of the building or part thereof.
12. The lessee commits default in paying the monthly rent on the due dates for three consecutive months. The lesser is entitled to terminate the agreement, enter upon the said premises and take possession of the same without any hindrance from the lessee.
13. The lessee hereby agrees not to state any hazardous material in the premises, which will cause damage to the property.
14. The lessee furthe

Amit Kumar Kasyap   30 March 2009 at 21:52

Rent dispute

Sir, Myself Amit Kumar kasyap, Ajit Kumar jha and Bikash Thakur jointly took a flat on lease against a security deposit of Rs 40000.Tenure of lease period as per deed (unregistered) was April 2007 to Feb/March 2009.Now we wish to vacate the flat but the owner is not willing to discharge his liabilities of paying required sum. He is also making false charges on us that we have sub-lent the flat which is baseless allegation so that he could charge hefty sum for the violation of lease agreement. At this stage we feel cheated and helpless. Can we file a case in consumer court ? Please help and guide us

Regards
Amit Kumar KAsyap
+91 9886942911

Amit Kumar Kasyap   30 March 2009 at 21:52

Rent dispute

Sir, Myself Amit Kumar kasyap, Ajit Kumar jha and Bikash Thakur jointly took a flat on lease against a security deposit of Rs 40000.Tenure of lease period as per deed (unregistered) was April 2007 to Feb/March 2009.Now we wish to vacate the flat but the owner is not willing to discharge his liabilities of paying required sum. He is also making false charges on us that we have sub-lent the flat which is baseless allegation so that he could charge hefty sum for the violation of lease agreement. At this stage we feel cheated and helpless. Can we file a case in consumer court ? Please help and guide us

Amit Kumar Kasyap   30 March 2009 at 00:04

Rent dispute

Sir, I am lessee and taken a property on lease April 2007 for sum of Rs 40000. Lease document state lease period from April 2007 to Feb/March 2009. But my property owner is not willing to discharge his obligation of paying required sum now. Please advice what action i should take. Please Guide me.......

Reagrds
Amit Kumar Kasyap
Mob. +91 988694291

hage nibo   28 March 2009 at 23:14

Bank loan

Thanks a lot to all the friendly participants for their valuable comments, as a part of free legal service/community service/knowledge-sharing on:


"Can a bank recover debt after expiry of limitation period...Doesn't the practice of taking the signature for the acknowledgement of debt without mentioning the date and later putting the date comes under the clause of forgery" Posted On : 3/26/2009 12:50:26 AM.


Although, there seems to be no way out for the borrower, but what I feel is "plea alibi" may rescue the borrower. Do all agree on this?

Ashwin Jain   28 March 2009 at 15:15

Change of signature

Hi!
I want to know the procedure for changing my signature from my current one.
i also want to know what if my all the other documents like PAN etc.. bearing current signature?
please reply

SREEKUMAR   25 March 2009 at 23:54

KYC DOCUMENTS

A banker has refused to sanction my loan due to following reasons.

1.my spouses name was saranya.g before marriage and after marriage her name was changed to saranya kumar ie.my name was added to her name ( as there is no proof for name change)

can u pls tell me the other alternative? also pls explain in detail the KYC norms of RBI/Banks.
regds,
s.kumar