Requirement for agreement to be on stamppaper Revised query

Those agreements and documents for which stamp duty is necessary as stated in the Stamp Act are bound to be executed in stamp paper.  Rest of agreements or contracts or standard terms and conditions of business can be dealt even in white paper.  Take for instance the standard forms of contract issued by insurance comapnies and few private companies.  These standard form of contract are made only in white paper and signed by the parties, still the same is enforceable in courts in case of dispute.

Yes off course every agreement should be stamped under stamp act.  If you execute the said agreements in proper stamp paper that is considered as you paid the proper stamp duty on said agreement  under stamp act and you can also execute any agreement in white paper also but that agreements subsequently should be stamped from competent authority.  Every state have different stamp duty so please specify said agreements are where you executed?

If you paid the proper stamp duty under prescribed state stamp act that documents are admissiable in court of Law otherwise those documents are should be impounded.

sanjeev desai

Mr. Sanjeev Desai is right.  Miss. Preethi you may have a look at the following supreme court judgment which deals with impouding of insufficiently stamped document.

(2009) 2 SCC 532

Thanks Mr. Desai. This agreement is being exexcuted in state of haryana

Regards,

Preeti