Validity of Subsequent assignment on expired contract
15-Mar-2023 (In Corporate Law)
A subsequent contract/assignment on an expired contract which is supposedly to get renewed and gets renewed after 2 years , so is such subsequent contract/ assignment valid ?
Respected Sir,
your querry is vague
I need to inspect and read the expired contract and subsequent contract thoroughly to answer your querry.
I also need to understand the subject matter of both the contracts and whether its inclusive or exclusive contracts
your querry is vague
I need to inspect and read the expired contract and subsequent contract thoroughly to answer your querry.
I also need to understand the subject matter of both the contracts and whether its inclusive or exclusive contracts
If stamp paper purchased just before it expiry and then sign and stamped on same along with notarize or court fees paid then agreement is valid otherwise void-ab -initio . you need to take care of date of purchase of stamp paper and its notary.
If the parties to a contract, in principle, agreed to an extension and kept on performing the terms of the contract without recording the agreed extension, in writing, may provide for an amendment/addendum contract with appropriate wordings to be valid.
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