LCI Learning
Master the Art of Contract Drafting & Corporate Legal Work with Adv Navodit Mehra. Register Now!

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Rs.100/-non-judicial stamp papers

(Querist) 30 April 2014 This query is : Resolved 
dear Experts,
i was to execute a indemnity bond and an affidavit to a company for issue of duplicate certificates due to loss . i purchased on 20-08 2011.Due to the domestic problems i was not able to execute on the said date. Now i want to execute the indemnity bond and an affidavit in favor of the company.can the above dated Non-judicial Stamp papers valid or not? Or i have to purchase again ? please advice me in this regard.Thankyou experts in advance.
Advocate Ravinder (Expert) 30 April 2014
You have to purchase again. The time limit for using the stamp papers is 6 months from the date of purchase of stamp paper.
Rajendra K Goyal (Expert) 01 May 2014
You can use this stamp paper, the time limit of refund against the stamp paper is 6 months while for using, no time limit fixed could be traced.

Generally companies abstain entertaining old stamp paper.
Advocate Ravinder (Expert) 01 May 2014
@ Rajendra Goyal
Can you give me some citation on this aspect.
Advocate. Arunagiri (Expert) 01 May 2014
http://www.karunadu.gov.in/karigr/faq/std.htm#sd20

The time limit is fixed for the refund only. There is no time limit for using the stamp paper.

You use the url provided above which confirms this.
Advocate Ravinder (Expert) 01 May 2014
The url is of FAQ of Department of stamps and registration. Anyway Thanks you for your information.
T. Kalaiselvan, Advocate (Expert) 01 May 2014
There is no specific law prescribing limitation of use of stamp paper purchased earlier. However, it should be ensured that the indemnity may not be dated prior to the date of stamp paper.


You need to be the querist or approved LAWyersclub expert to take part in this query .


Click here to login now



Similar Resolved Queries :