Possession cert
Sanat Kanrar
(Querist) 02 May 2022
This query is : Resolved
Sir, Here developer is a partnership firm having six active partners. The firm entered into an agreement with the landowner to develop flats and sell them as per settled terms . After completion, the developer issued an possession certificate to the land owner having signed by two partners only. Is it valid in the eye of law:
kavksatyanarayana
(Expert) 02 May 2022
If the two partners are the Managing Partners and have the authorization to do all acts/deeds in the name of the Firm (if it is mentioned in the Partnership deed), then it is valid. Otherwise, it is invalid.
Dr J C Vashista
(Expert) 04 May 2022
What is the status the "two" partners signed the possession letter ?