Legal Question in Landlord & Tenant Law in India

Dear sir,

we are leasing the furniture, equipment and executing a supply agreement with the lessee. i would like to know whether the supply agreement for furniture and equipment is a registrable document


Asked on 10/16/15, 9:53 am

1 Answer from Attorneys

Vivek Mapara Vivek N. Mapara

Sir

Agreement, unless they involve transaction of any immovable property exceeding valuation of Rs. 100, do not require any registration.

In India, Agreement can be oral agreements also. So answer to question is NO, you do not need your Supply Agreement with the lessee registered. However, if you want to register, then also there is no prohibition thereto.

Let me know should you have any questions.

Regards

Vivek N Mapara

vnmlaws.com

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Answered on 10/17/15, 6:23 am


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