CS Professional · Drafting, Pleadings and Appearances · Types of Documents
Meera Traders sends a signed letter to Kiran Exports stating, 'We shall supply 500 units at Rs 200 per unit by 30 June.' Kiran Exports replies in writing, accepting unconditionally. Neither party has executed any formal agreement. Which statement best describes the position of this correspondence as a legal document?
The correspondence is a document because a document is any matter recorded in letters, figures or marks to serve as evidence. Offer and acceptance in signed letters qualify. Formal stamp paper, registration or drafting by a lawyer is not essential for something to be a document.
- AIt is not a document because only a formal agreement on stamp paper qualifies as one
- BIt is a document because matter expressed in writing as letters is recorded evidence of the transactionCorrect
- CIt becomes a document only after both parties register it
- DIt is a document only if a lawyer drafts it
Explanation
A document is any matter expressed or described on a substance by letters, figures or marks, intended to record that matter. The exchange of letters records an offer and acceptance, so it is a document. Formality, stamp paper, registration or a lawyer's drafting is not needed for it to be a document.
Did you get it right without looking?
One question tells you little. A timed set on Types of Documents shows your real accuracy, how long you take and where you lose marks.
More Types of Documents questions
- Kiran Pvt Ltd executed a sale agreement on plain paper and it is later unstamped. The firm argues that because the document is merely an 'ag…
- A company secretary reviews four documents: (i) a board resolution sheet of Sunrise Pvt. Ltd., (ii) a certified copy of its charter filing a…
- Dhruv Ltd leases a factory shed to Esha Pvt Ltd under a draft lease deed. The draft states the rent and the term but omits any description o…
- Kiran Pvt Ltd presented a registrable lease deed for registration. The Sub-Registrar noticed the document was executed in Mumbai but the pro…
- Rahul writes a letter to Pooja admitting that he owes her Rs 50,000 and promising to repay it. He signs it but does not use any formal words…
- Mehta Industries leases a godown to Joshi Logistics for a fixed term of 11 months by an unregistered written lease deed. A CS is asked about…