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Bipin (HR Head)     02 April 2013

Validity of stamp paper

What is the validity period in maharashtra of a Rs.100/- Stamp paper bought in the year 2011. Can it be used to enter into an Agreement of any kind!?

Please guide!



 8 Replies

Jai Karan Nagwan (consultant)     02 April 2013

Always valid, depend upon document and stamp duty rule in respective state.

venkatkrishna (AGM)     03 April 2013

As per  Sec 52 B of Bombay Stamp Act 1958 the validity of the Stamp purchased is for 6 months.

rashmi_2010 (Advocate/Corporate Consultant)     03 April 2013

Agree with Venkatkrishna.

sharada h v (lawyer)     03 April 2013

if u have purchased the stamp paper for a specifc purpose, so that wil be mentioned on it, so u cannot use it for any other purpose, as it is more than 6 years u cant use it for any thing.

Jai Karan Nagwan (consultant)     03 April 2013

Please refer SC Judgement AIR 2008 1541 DOJ 19 Feb 2008, wherein section 54 interpreted and held that section 54 speaks about refund within 6 months only, hence stamps papers have no expiry. Please go through and share thought around.

Jai Karan Nagwan (consultant)     03 April 2013

Please refer SC Judgement AIR 2008 1541 DOJ 19 Feb 2008, wherein section 54 interpreted and held that section 54 speaks about refund within 6 months only, hence stamps papers have no expiry. Please go through and share thought around.

Prasun Chandra Das (Banker)     05 April 2013

6 months from the date of purchase.

 

Request Jai Karan Nagwan to upload the SC judgement - Google search shows nothing.

Vijay Kapoor (Retired)     10 August 2016

 link address for SC judgement of 19 Feb 2008 in respect of Validity of Stamp Paper. https://www.lawyersclubindia.com/forum/files_download.asp?msg_id=11919&file_id=0


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