One person given loan and one person taken loan.
Which person name the non Judicial Stamp paper purchase?
Martha Shankar (Owner) 22 February 2013
One person given loan and one person taken loan.
Which person name the non Judicial Stamp paper purchase?
Amit Mahajan (RH-Legal) 22 February 2013
Dear Martha,
Anyone either Creditor or debtor may purchase stamp paper non judicial , however in general practice it is debtor who does the same.
adv.bharat @ PUNE (Lawyer) 07 May 2016
1) To take loan it is debtor responsibility to execute agreement.
2) In practice Debtor should execute it on non judicial stamp paper in his name.
Thanks