Legal Agreements Between Companies: Do They Need to Be on Stamp Paper or Is Plain Paper Enough?

bhagwati.prasad
Hi,

Is it necessary to have agreements such as "Non-disclosure agreements" between two companies on stamp paper? What will happen if the agreement was on plain paper?

Thanks in advance.
Prasad
prasad164
Hi Prasad,

Mr. Yedulprakash has rightly suggested that the NDA can be printed on plain papers. The only criterion to make it binding and effective is that the agreement has to be signed by both parties. If it is between a company on one hand and an individual on the other, you may get it printed on the letterhead of the company. It has legal validity and enforceability.

Regards,
Prasad
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