Un registered contract deed
basavaraj shiromani
(Querist) 03 January 2016
This query is : Resolved
Sugar factory made an agreement with X to do certain work and paid Rs: 10 laks as an advanced sum. if dispute arises, Whether agreement is compulsorily registrable.
kavksatyanarayana
(Expert) 03 January 2016
Author, Agreement which do not come under transfer of property, that deed comes under Optional registerable document. however what are the terms and conditions of the Agreement? as per query, the agreement is a BOT.
K.S.Srinivas
(Expert) 05 January 2016
In my view, as per section 17 of the Indian Registration Act 1908 the agreement in the present can need not be registered.
T. Kalaiselvan, Advocate
(Expert) 10 January 2016
The registration is optional however if there is a dispute in the court, when the opposite raises question about deficit stamp duty, then if the court passes an order to pay the stamp duty, the document after payment of stamp duty shall become a valid document legally.
venkatesh Rao
(Expert) 29 June 2016
Registration will not add any additional value to the agreement.