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Author Topic: Is Registration of Joint Development Agreement Compulsory?  (Read 482 times)

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Offline Aradhya

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Is Registration of Joint Development Agreement Compulsory?
« on: July 07, 2016, 01:46:34 AM »
What is the legal position on this particular query? Kindly help me out with this.

Offline adv.amarnath

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Re: Is Registration of Joint Development Agreement Compulsory?
« Reply #1 on: July 08, 2016, 09:47:34 AM »
Development Agreement is now a days became compulsorily registered documents
Regards,

Amarnath Sanyal
Advocate
Email - adv.amarnath.sanyal@gmail.com
Mob - 09830303322

Offline sajalraheja

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Re: Is Registration of Joint Development Agreement Compulsory?
« Reply #2 on: August 02, 2016, 01:11:48 AM »
Hi,
1) Since when is the registration of JDA made compulsary?
2) If it is a recent judgement, then does it apply to JDA signed around 20 years back(1992~1995)
3) In case of old JDA's(1992~1995) how can we legally excempt them from this new law?

Offline advjaibansal

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Re: Is Registration of Joint Development Agreement Compulsory?
« Reply #3 on: August 02, 2016, 02:16:14 AM »
Dear Sir,

In order to avoid stamp duty people generally don't register the joint development agreement. Normally persons entering into such agreement don't get this agreement registered, however in case the authority upon information put penalty for not registering the agreement. Its up to you to register or not. The registration of JDA is compulsory. I know no knowledge whether JDA was compulsory before 20 years or not.

Please visit some local lawyers, who can guide you in this regard.

Regards,
jai bansal
Advocate, New Delhi
Supreme Court of India
bansal.jai@gmail.com
mobile: 09868566649

Offline sajalraheja

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Re: Is Registration of Joint Development Agreement Compulsory?
« Reply #4 on: August 02, 2016, 09:48:25 PM »
Dear Sir,
Thank you for your valuable feedback.

 

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