Q) What is the legal provision for cancellation of registration of an agreement including a leave – license agreement?
There is no provision in the Registration Act – 1908 for cancellation of registration of an agreement including a leave – licence agreement. There are two ways by which an agreement is discontinued –
- An agreement is the law for the parties to that agreement.On the basis of the provisions in the agreement any party or parties to the agreement,as the case may be, can decide to discontinue the agreement by giving notice to the remaining party or parties.The period of notice is normally given in the agreement.
- An agreement gets discontinued when the purpose or the time period of the agreement is over.Registration goes along with the agreement registered. If the agreement itself is not in existence, no question of registration arises.It no longer exists.