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Rajesh (Consultant)     09 November 2014

Stamp paper

Dear Sir,

Request following information about agreement between two parties

1. If the agreement start date is 5 Nov 2014 for one year, Is the stamp paper purchased on 6th Nov 2014 valid for this agreement and can the agreement be executed

2. Is the stamp paper purchased in March 2014 or before can be used to execute a agreement in November, stamp paper is in good condition

Thanking you in advance

Warm Regards,

Rajesh

 



 4 Replies

Basavaraj (Asst, Manager-Legal)     10 November 2014

Dear Rajesh....

If the agreement date is 5 Nov 2014 for one year, then mention on top stating 'This Agreement is made and executed on 5th Nov, 2014' and mention the effective date of this Agreement from 6th Nov, 2014.

You can use stamp paper purchased in March 2014 to execute a agreement in November. 

 

Regards

Basavaraj R

Dalip Singh (Advocate)     10 November 2014

Answer to your queries are as under:-

1.  The stamp paper purchased on 6.11.2014 cannot be executed on 5.11.2014.

2. Yes, the stamp paper purchased in March 2014 can be executed on 5.11.2014.

Dalip Singh (Advocate)     10 November 2014

Answer to your queries are as under:-

1.  The stamp paper purchased on 6.11.2014 cannot be executed on 5.11.2014.

2. Yes, the stamp paper purchased in March 2014 can be executed on 5.11.2014.

ars (cs)     24 November 2014

need clarification :

how can one mention, in the above case, that the agreement executed on 5th, when the stamp paper was franked or is dated 6th nov.?

I think one can write in the agreement, dated and executed on 6th nov.  that the agreement is executed on 6th and has come into effect from 5th or any previous date. that is the parties agree to do business in past and now have formally entered into an agreement.

request to provide clarification.

 

 


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