STAMP PAPER VALUE

I WANT TO MADE A MOU FOR AN AMOUNT OF 25LAKHS (FILM BUSSINESS SHARE) ON WHICH VALU STAMP PAPER SHOULD I USE

Reply Follow

2 Replies

V. VASUDEVAN (LEGAL COUNSEL) 04 March 2010

Stamp Paper of Rs.100 would suffice (being the maximum amount)

vasudevan

P.K.Haridasan (Advocate) 07 March 2010

Memorandum of understanding is only a written from of your terms signed by both of you. MOU need not be in a stamp paper. You can make a proper agreement with the party on a nonjudicial stamp paper for an agreement required in the concerned State. That will be only valid in the eye of law.