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stamp

(Querist) 17 November 2009 This query is : Resolved 
Dear sir's,
i am working in a ltd company & it wants to sevice bond for one year with their new employee.

Bond made on stamp or company letter head ?

If on stamp then how much stamp required ?

Kindly suggest me.
Report Abuse
A V Vishal (Expert) 17 November 2009
Employment Contract bonds are generally executed on the company letter head there is no provision or requirement in law to furnish the bond on a stamp paper.
Kiran Kumar (Expert) 17 November 2009
i subscribe to the opinion expressed by Mr. vishal
Raj Kumar Makkad (Expert) 17 November 2009
Even if the bond is required by the company on stamp paper then token stamp paer of rs. 50/- is sufficient as bond is stamp paper is also equally valid and not barred.

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