agreementstamp act
VIJAY K. TEOTIA
(Querist) 12 August 2010
This query is : Resolved
The stamp paper of Rs 100/- purchased on 10.06.09 from delhi, agreement signed and executed on 15.07.10 at Ghaziabad to be effective from 01.04.10. the agreement related to general business transaction and not related to immoveable property. pl tell legal position.
In another case stamp paper dtd 10.05.10 signed agreement on 12.07.10 at Ghaziabad to be effective from 01.04.10. what legal position emerges.
both documents unregistered and notarised on current date.
Shashikant V. Patil
(Expert) 16 August 2010
Dear Vijay,
I don't know the validity for using the stamp paper in Ghaziabad (UP). In case in Maharashtra, the stamp paper utilisation is upto only six months. In that case, in first case, You have buyed the Rs 100 stamp paper on 10.06.09 and executed on 15.07.2010 ( It's after more than a one year) so it is not valid and legal stamp in the eye of law.
In second case, it is valid and legal.
