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Manish (Service)     19 July 2011

Arbitration

Experts guidance required  on the following issue :

As per sec 29 of the transfer of property act,

in the case of an instrument of partition-by the parties thereto in proportion to their respective shares in the whole property partitioned, or when the partition is made in execution of an order passed by a Revenue-authority or Civil Court or arbitrator, in such proportion as such authority, Court or arbitrator directs.

If i am not wrong  it seems that award  by Arbitrator on the immovable property  attract Stamp duty -

What on other disputes  not of any immovable propertu - e.g - Any contracts

Sir i require your advice to be clear on this issue pls guide



Learning

 3 Replies

Out of Court (Consultant)     19 July 2011

whether you want to know about stamp duty on arbitration award or any type of contract ? 

Manish (Service)     19 July 2011

Sir,

 

I want to know - stamp duty on the arbitration award - award may be related to the dispute of the Immovable property or  award on any disputed contract

Out of Court (Consultant)     19 July 2011

Evry arbitration award is to be registered except Ad hoc arbitration

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