Stamp paper

Jagdish (Querist) 07 May 2013 This query is : Resolved
A Indian company wants to enter into Non Disclosure agreement with Foreign company. Jurisdiction is mentioned in the agreement is of Foreign Country. Now, can Indian company use the Indian Stamp paper for signing the agreement? Or is it mandatory to sign the agreement on plain white paper becoz other company is of foreign country and jurisdiction is of foreign? if it is mandatory to sign on plain paper then in which act it is mentioned under which section?

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Sailesh Kumar Shah (Expert) 07 May 2013
Firstly, state that in which place agreement is to be executed.

Second, what are the main contents of that agreement.

Raj Kumar Makkad (Expert) 14 May 2013
This all depends upon the mutual understanding of both the companies. Even the stamp duty of India can be affixed if the same is to be got executed here.

Raj Kumar Makkad (Expert) 14 May 2013
Matter of jurisdiction for future disputes has no relevance with the affisation of stamp duty.

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