Stamp Duty

Querist : Anonymous (Querist) 28 December 2010 This query is : Open
Dear Members

'A' company from London is executing 'deed of guarnatee' with 'B' Bank for availing a loan of Rs.20 lakh. The 'B' Bank is in Australia.

But 'C' is the Guarantor from Bangalore and giving garantee to the 'B' Bank on personal capacity.

Let me know whether stamp duty payable by 'C' on 'Deed of Guarnatee' or duty is applicable as per Karnataka Stamp Act.

All 'A' director are from Bangalore.

According to me Rs.200/- stamp paper is enough. Or else.

'C' has to pay any duty on Rs.20 lakh

It is very urgent.

Please

Follow Query

Report Abuse

Previous

Next

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

Click here to login now

Similar Resolved Queries :

Ask Query
Unanswered Queries

Muslim man triple talaq after 36 years
Love spells to return your ex-lover back
Https://purewellnessketogummies.sites.kaltura.com/
Is it legal to buy property in panvel's usarli khurd area?
Purchase of goodwill for ca firm
False allegations
How to remove other right from agricultural land
Obc caste certificate
138 ni act
Justice denied

Is advocate guilty?
Advocate�s duty to justice apply to the pre-litigation ?
Ucc laws on inheritance
Family settlement
Complaint against medical facility
Legal opinion on baseless legal notice and law
Legal notice or ........
Dismissals due to defective legal notices
Legal notice content
Validity of legal notice.....