P. Rajan Nair (Partner) 15 January 2010
I am from Chennai and entered into a partnership at Bangalore on 1-10-09. In Tamilnadu the stamp paper value for partnership deeds is Rs. 300.-. So I used this stamp paper value for the deed. I understand that the stamp paper value required in Karnataka is Rs. 1,000.- Is there anyway I can compound by paying an additional Rs. 700.- and paying a fine. We would prefer not to make a new deed at current or future dates. Thanks in advance for any information.
R.R. KRISHNAA (Legal Manager) 15 January 2010
Well, the stamp issue changes from state to state. I suggest you to purchase stamp papers from karnataka itself which has the state seal and you shall execute it accordingly. I dont think stamp paper purchased from tamilnadu would be permitted to be executed or registered in bangalore.
Dilip Kumar Borah (Manager-Land) 15 January 2010
I agree with the views expressed by Mr. R.R. Krishna.
N RAMESH. (Advocate Chennai. Formerly Civil Judge. Mobile.09444261613) 16 January 2010
Yes it can be compounded by paying deficiet stamp duty with penalty (if any).
Please appraoch the local sub-registry where you register the partnership.
Pramath Kumar Barooah (Execution Executive) 10 March 2010
May I know the value of stamp paer required in Assam to register a Partnership deed please.
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