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Martha Shankar (Owner)     22 February 2013

Stamp paper purchased creditor or debtor

One person given loan and one person taken loan.

Which person name the non Judicial Stamp paper purchase?



Learning

 2 Replies

Amit Mahajan (RH-Legal)     22 February 2013

Dear  Martha,

Anyone either Creditor or debtor may purchase stamp paper non judicial , however in general practice it is debtor who does the same.


 

adv.bharat @ PUNE (Lawyer)     07 May 2016

1) To take loan it is debtor responsibility to execute agreement.

2) In practice Debtor should execute it on non judicial stamp paper in his name.

Thanks


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