Negotiable instruments act 1881
sivaraj
(Querist) 11 April 2015
This query is : Resolved
whether the complainant has to pay any stamp duty at the rate of 2% of Cheque amount for filing private complaint under NI Act in Mumbai. if yes under what provision he has to pay stamp duty
M/s. Y-not legal services
(Expert) 11 April 2015
there is a court fee as Rs.50/lakhs. nothing like as 2% of the cheque amount.
Rajendra K Goyal
(Expert) 11 April 2015
For Case under negotiable instrument act court fee ad-volerm is not attracted as in money suits.