stamping of multiple Loan Document
Querist :
Anonymous
(Querist) 11 June 2011
This query is : Resolved
Is is possible to combine more tan one documents, say Loan Agreement, Hypothecation and Guarantee Agreement (in booklet form. In such case is it permissible to pay the stamp duty for the Document attracting highest Stamp duty and pay only minimum duty for rest under Indian Stamp Act / Bombay Stamp Act?
Dhiren Akbari
(Expert) 09 November 2011
first of all kindly have discussion with your banker on this issue and if they are agree for combined agreement i will give my opinion on your query.