BHAVINI SHAH (Company Secretary) (193 Points)
21 April 2012
Dear Friends,
Can two companies enter into rent agreement with the same party for exactly the same property?
From the view point of these companies having their registered office at the same property.
CA Sripal Jain
(Associate Finance)
(709 Points)
Replied 21 April 2012
they can have,ther is join owner concept in rent agreemnt,so a company can be a joint owner in property too
regards
sripal jain
BHAVINI SHAH
(Company Secretary)
(193 Points)
Replied 23 April 2012
CA Sripal Jain
(Associate Finance)
(709 Points)
Replied 23 April 2012
hi bhavini,
as per the facts i have understud from the given example,i think one cannot enter into an agreement ,as agreement itself says that there is no joint ownership
regards
sripal jain
CAclubindia
