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sunil (cs)     06 January 2010

Stamp duty

Dear Freind,

Please advise,

Incase of non disclosure undertaking from the emplyee containing penative clause of 7 month gross salary, in case of defauly by the employee,

should be executed on what value of stamp paper.

 Is am correct, it should be 0.1% of monetray value of obligation created under this undertaking subjetc to manimum of Rs. 100/-.

Please coorect me, if required.


Sunil Agarwal


 1 Replies

Raj Kumar Makkad (Adv P & H High Court Chandigarh)     06 January 2010

You are absolutely correct.

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