Validity of Stamp Paper


 Hello to Everyone !!!

Please if any one knows the validity of Stamp Paper ?

 
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Advocate (Shimla) 9418614888 098160-92892

six months from the date of purchase.

 
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Legal Consultant & Professor at Law

Six months from the date that is affixed on the Stamp Paper.

 
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Legal Manager

The Indian Stamp Act, 1899 nowhere prescribes any expiry date for use of a stamp paper. Section 54 merely provides that a person possessing a stamp paper for which he has no immediate use (which is not spoiled or rendered unfit or useless), can seek refund of the value thereof by surrendering such stamp paper to the Collector provided it was purchased within the period of six months next preceding the date on which it was so surrendered.

 

The stipulation of the period of six months prescribed in section 54 is only for the purpose of seeking refund of the value of the unused stamp paper, and not for use of the stamp paper. Section 54 does not require the person who has purchased a stamp paper, to use it within six months. Therefore, there is no impediment for a stamp paper purchased more than six months prior to theproposed date of execution, being used for a document.

 

Find attached herewith the Supreme Court judgment on this issue.



Attached File : 5 5 thiruvengada pillai vs navaneethammal anr on 19 february 2008.pdf downloaded 776 times

Total likes : 1 times

 
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Advocate Chennai. Formerly Civil Judge. Mobile.09444261613

I agree with Mr.Krishnaa

 
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Legal

 Six month from the date of purchase

 
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There is no six month prescribed anywhere. It is valid for its life. Use of old stamp paper for current transaction can at the best only cast a doubt about its genuines and cannot invalidate the stamp paper.

 
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IT professional

I want to know If one sign  by mistake( unknowingly) on stamp paper.How He can prevent it from misusing it.

Let say  some one has taken signature on stamp paper then what its validity in court .

Is there is any way to correct the  tems and condition if one has signned on stamp paper by mistake.

 
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ADVOCATE

six month is provided for getting refund only. no where there is any provision imposing limitation on the use of stamp paper.

 
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Nationalist

Mr.

R.R. KRISHNAA

Legal Manager

Thanks for such an elaborative/convincing information regarding this. (Validity Of stamp paper)

 
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