Legal Question in Real Estate Law in India

I have recently bought a flat from a partnership firm having 8 partners. In partnership deed, they have divided their partners into group A and group B. Under "14. Legal Document" section, they have mentioned that all the legal documents have to signed jointly by one party from group A and one party from group B. However, on sale deed (or flat sale agreement ) and Power of attorney doc, both the authorized signatories are from group A. This is violating their partnership agreement. Would I face any legal issue in future?


Asked on 5/13/12, 10:18 pm

2 Answers from Attorneys
Fca Prashant Chavan Expert Edge LLP

15.05.2012

Dear Sir / Madam,

If the flat is in the name of the firm and the Partnership Deed specifically states that legal documents have to be signed jointly by each party from each group, it lies in your interest to get the signatories from each Group.

Alternatively, you may request for a copy of the specific resolution for the sale of the flat recorded in the minutes of the meeting of all the partners signed by any two partners to avoid any future unforeseen legal issues.

Regards,

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Answered on 5/15/12, 5:48 am
Shrichand Nahar S.V.Nahar, Advocate

You may face problem as you dealt with person not having authority.

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Answered on 7/17/12, 11:20 pm


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