Hi,
I have made a partnership deed bearing date 05th of July 13 but got the stamp paper of a later date i.e. 09th July 13, I have got the PAN of Firm with the same deed but the Bank is not accepting same for Account opening. Is the deed Invalid for this reason and if it is, there something I can do to keep the same deed valid.
URGENT!!
If your stamp paper date was before 5th, then it is valid. The terms and conditions of the deed cannot be enforced if the stamp paper date is after the date of the deed.
deed is just an instrument of conveyance of undertakings, whereis it must be clearly mentioned in deed that with effect from ( DATE) that is the date of establishment ..........
if the pan is made on a wrong date then CA can file a correction and get it rectified ,,,,,as per deed
CAclubindia
