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Sunny (XYZ)     11 June 2012

Contract on company letter head or non judicial stamp paper

Hi,

Recently my one of the client is asking for service agreement on 200/- stamp paper as earlier we was having the agreement on my company letter head.

Please help me with below points

  1. On which stamp paper or how many rupees stamp paper i should use for the agreement
  2. If i am buying the stamp paper then who should keep the original papers(Me or Client)
  3. Also this demand is from clients side & also the drafting of agreement is from his side so shall i purchase the stamp paper or he should do that.
  4. can 2 copy of stamp paper agreement can be done as we both want the original copies. would that be valid .
  5. Also what is the procedure for buying the stamp paper.
  6. is there any complication in buying stamp paper. do we need to pay stamp duty.
  7. also can any one explain about stamp duty.

Request you all to please help me in above points at the earliest.

Regards,

Sunny.



Learning

 1 Replies

Narra Lokanadha Babu (H.R. Manager)     11 June 2012

Sir,

Agreement can be written on Rs.100/- denomination of Non-Judicial stamp paper, which can be purchase from any office of Registrar or from Stamp Vendors. Original Agreement can be retained by the Company and xerox copy by the other party. 

N.LOKANADHA BABU

MANAGER-HR


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