Non judicial stamp papers bought from lsv.
Eee Kay
(Querist) 08 May 2025
This query is : Resolved
I bought two non judicial stamp papers from a licensed stamp vendor in tamilnadu in good faith with the name of the purchaser, serial numbers which were consecutive serial numbers on the same date written in his own hand along with the signature of the vendor and the seal in good faith and used the same for executing a sale agreement. But the vendor has recorded the sale entry in his sale register and therefore it is being said that the sale agreement is invalid.
what is your opinion? The Licensed stamp vendor either sold fake stamp papers or he failed to record the sale transaction in his sale register.
When the stamp papers are bought in good faith can the sale agreement be declared invalid?
Please give some citations of court judgements on the same.
kavksatyanarayana
(Expert) 08 May 2025
It is not the duty of the stamp vendor to record the sale entry in his records. He shall enter the name of the person who purchased the stamp and the name of the person for whom he purchased it, the value of each stamp and the total value. But other things need not be written in his stamp vendor registers. He did not violate the rules, as per your statement.
T. Kalaiselvan, Advocate
(Expert) 08 May 2025
It is not invalid.
If the vendor says it is not valid it means he is not willing to sell the property
