May stamp paper be staled?
Querist :
Anonymous
(Querist) 20 November 2011
This query is : Resolved
i have stamp paper of Rs.100*3=300 for the year 1989, can it be used for making any legal document or whether it have become useless, whether stamp paper is valid for six month from the date of purchase.
ajay sethi
(Expert) 20 November 2011
According to a recent Supreme Court judgement dated 19/02/2008 in the case of Thiruvengada Pillai Vs. Navaneethammal and Anr., the stamp papers do not have any expiry period. Relevant extract from SC Judgement is reproduced herein below:
"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 the proposed date of execution, being used for a document.
Rajeev Kumar
(Expert) 20 November 2011
Yes stamp paper has no expiry date . You can use it any time and it is valid
Shonee Kapoor
(Expert) 20 November 2011
No reason to differ.
Regards,
Shonee Kapoor
harassed.by.498a@gmail.com
Arun Kumar Bhagat
(Expert) 20 November 2011
Answer given by Mr. Sethi is informative one for me.
prabhakar singh
(Expert) 20 November 2011
I can not understand these opinions unless my senior ld.Dhingra G opines.
Raj Kumar Makkad
(Expert) 20 November 2011
Someone should also listen Prabhakar Singh GGGGGGGGG.
prabhakar singh
(Expert) 21 November 2011
Yes i agree with makkad GGGGGGGGGGGGGGGGGGGGG
