What is the validity of indian non judicial stamp?
Querist :
Anonymous
(Querist) 09 November 2011
This query is : Resolved
For instance i was buy a Non Judicial Stapm on Ist January 2011 what is the date of till this stamp is valid?
Querist :
Anonymous
(Querist) 09 November 2011
6 month from date of buy.
prabhakar singh
(Expert) 10 November 2011
MIND YOUR QUESTION !
IT IS NOT ABOUT ITS REFUND BUT ABOUT ITS VALIDITY.
Sailesh Kumar Shah
(Expert) 10 November 2011
According to a recent Supreme Court judgement dated 19/02/2008 in the case of Thiruvengada Pillai Vs. Navaneethammal and Anr., THE STAMP PAPERS DO NOT HAVE ANY EXPIRY PERIOD.
Citation : Thiruvengada Pillai Vs. Navaneethammal and Anr.
According to a recent Supreme Court Judgement dated 19-02-2008 in the case of Thiruvengada Pillai vs. Navaneethammal and Anr., the stamp papers do not have any expiry period. Relevant extract from SC judgement is reproduced herein below:
“The Indian Stamp Act, 1899, nowhere prescribes any expiry date for use of a stamp paper. Section 54 merely provides that a person possessing a stamp paper for which he has no immediate use (which is not spoiled or rendered unfit or useless), can seek refund of the value thereof by surrendering such stamp paper to the Collector provided it was purchased within the period of six months next preceding the date on which it was so surrendered. The stipulation of the period of six months prescribed in Section 54 is only for the purpose of seeking refund of the value of the unused stamp paper, and not for use of the stamp paper. Section 54 does not require the person who has purchased a stamp paper, to use it within six months. Therefore, there is no impediment for a stamp paper purchased more than six months prior to the proposed date of execution, being used for a document.
prabhakar singh
(Expert) 10 November 2011
Now you are forced to trust me due to situation created by Mr.Shah.
prabhakar singh
(Expert) 10 November 2011
I was saying on the basis of my understanding of provisions itself for which Mr.Shah has brought before you a judgement you are forced to follow .
mahendra rai jain
(Expert) 10 November 2011
Mr. Prabhakr is right. Law is nothing but commonsense.
M.Sheik Mohammed Ali
(Expert) 10 November 2011
you can use life time but not mentioned the date. if mentioned the date then you must register within six month.
Rajeev Kumar
(Expert) 10 November 2011
I do agree with Mr.Shah and Prabhakar sir
Shonee Kapoor
(Expert) 10 November 2011
Anytime for the purpose it was purchased.
It can not be used by anyone else.
Regards,
Shonee Kapoor
harassed.by.498a@gmail.com
Jai Karan Nagwan
(Expert) 10 November 2011
Thanks Mr. Prabhakar Singh & Shah, many of us was under this misconception, which has been cleared by you. Its small but great.
