Value of stamp paper

Ketan Shah (Querist) 15 September 2014 This query is : Resolved
Dear Sir/s,

We are running a partnership firm having four partners. We have one immoveable property (Industrial Unit) in the name of Partnership firm. Now we want to divide this industrial unit between all partners as per the ratio mentioned in partnership deed.

Hence, we are in process of drafting a MOU for this division of industrial unit. Please advise me, the value of stamp paper on which such MOU can be drafted?

Awaiting for your reply.

Thanks.

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Vidhi Joshi (Expert) 15 September 2014
mention state in which your property is situated.

RAJU O.F., (Expert) 16 September 2014
Stamp duty vary from state to state. Better consult a local advocate for preparing the MOU

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