LIVE Online Course on Indian Constitution by Dr. Ravishankar Mor. Register Now!!
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

parul khuran   01 December 2021

stamp act and registeration

if the mou of a company is not registered and not properly stamped what will be the consequences ?


Learning

 3 Replies

Rama chary Rachakonda (Secunderabad/Highcourt practice watsapp no.9989324294 )     01 December 2021

penalty to be paid with interest

Anaita Vas   01 December 2021

When proper stamp duty is not paid on the instrument at that time certain penalty is imposed by the collector. This penalty may be of the payment of the insufficient stamp duty and fine of Rs. 500 or he may take the fine up to 10 time of the insufficient stamp duty.

Omprakash v. Laxminarayan, Javer Chand And Others vs Pukhraj Surana and Bipin Shantilal Panchal vs. State of Gujarat are some cases that are similar to your query.

 

Regards,

Anaita Vas

Jeevan Patil   02 December 2021

To validate, pay SD and penalty

Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  



Post a Suggestion for LCI Team
Post a Legal Query