Unregistred material sale contract aggrement for twenty years
sengottuvelmarimuthu
(Querist) 28 March 2015
This query is : Resolved
I have entered a unregistered material supply contract aggrement in Tamil Nadu for twenty years . The aggrement has been made three years back stating that my buyer has to pay an standing advance of ten lakhs.
He has not paid any advance or he has not give any purchase order.
I am doing my busines on my own way for past three years.
now that buyer is claiming my hole production as per aggrement on the old rate .
whether the unregistred aggrement is valid? please clarify me. thanks
Rajendra K Goyal
(Expert) 29 March 2015
All the documents need to be referred, consult local lawyer.
T. Kalaiselvan, Advocate
(Expert) 02 April 2015
The contents of the agreement will speak the facts to clarify your query. However, better consult a local counsel and get his advise on all the issues including legal validity of the agreement.
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