stamp duty on development agreement & power of Attorney
madhavi nigade
(Querist) 13 May 2011
This query is : Resolved
there is 29 members in family which sign the development agreement & power of Attorney that document duely stamped and present before the Sub-registrar but 10 members remain absent before registrar documentcompleted as Refused by them who r absent...now they want to complete it...but they all not coming together b4 registrar...we want to make confirmation deed & registrar want them together...what to do?
Devajyoti Barman
(Expert) 13 May 2011
The left out member can execute another GPA in favour of the same attorney.
The Development Agreement needs no registration.
Sri Vijayan.A
(Expert) 18 May 2011
the provision of registration act, sec. 24, says as follows:
Documents executed by several persons at different times
Where there are several persons executing a document at different times, such document may be presented for registration and re-registration within four months from the date of each execution.
As teh law is so, the sub- registrar cant say "No" to register it at different time.
However, for practical purposes, the suggestion made by Mr.Barman is the solution