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Q. Registeration of Business conducting agreement

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Abhijit Ger

posted 5 months ago

Q.Registeration of Business conducting agreement
Can one register a Business conducting agreement ? If it can't be registered what is the process to make it legally valid ? What is the difference between Leave & License and Business conducting agreement

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Shreyash Mohta

Experience: 1 Year(s)

Responded 5 months ago

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A. ) There is a basic difference between a leave and license agreement and a business conducting agreement.
Leave and Licences are just like rental agreements whereby you can rent/sell/mortgage/lease a portion either in part or in full. However a business conducting agreement could be anything related to the business. Like the bye laws to run a business, The agreement as to how to run the business, letting someone else run your business, assigning your property to someone else to run their business and agreeing on certain conditions as to how does that business work. ETC.
The Registration is done where the agreement is executed. However, many a times certain agreements need not be registered they can be simply notarized.
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Shreyash Mohta

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Kishan Dutt Kalaskar Retired Judge

Experience: 33 Year(s)

Responded 5 months ago

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A. ) Dear Sir,
There is no much differences between the two and if you share the document i can given exact legal advise.

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Ayantika Mondal

Experience: 10 Year(s)

Responded 5 months ago

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A. ) Leave and License is like a rental agreement, like to occupy a portion of property. Business conducting could be anything like making someone else run your business in your establishment. Registration is to be done where the agreement is executed.

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Rameshwar Dadhe

Experience: 2 Year(s)

Responded 5 months ago

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A. ) U should approach to the any local lawyer for it

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