I have a stamp paper of Rs.20/- dated Feb 2000 in good condition. Can I use the same to execute a rental agreement dated Oct 2005. Please advise.
Prashanth Kumar
(9986317299)
17-Mar-2011
Prashant
Prashanth Kumar (Owner) 17 March 2011
I have a stamp paper of Rs.20/- dated Feb 2000 in good condition. Can I use the same to execute a rental agreement dated Oct 2005. Please advise.
Prashanth Kumar
(9986317299)
17-Mar-2011
Prashant
M.Sheik Mohammed Ali (advocate) 17 March 2011
no, you can use corrent dated stamp paper,
AK PUNDIR (HOD (FINANCE & ACCOUNT)) 17 March 2011
Dear Ali,
Please give me suggestion time boundation ( validitiy of Stamp Paper / should be used with in the time) thanking you.
Arvind Singh Chauhan (advocate) 17 March 2011
Definitly you can use it any time.
Go through the SEC 54 Of Indian Stamp Act-
Apex court held-----------
Expiry date of stamp paper- Use of stamp paper for execution of agreement to sell- no impediment for stamp paper purchased more than 6 months prior to proposed date of execution being used for document- Stipulation of period of 6 months prescribed in Sec 54, Stamp Act is only for purpose of seeking refund of value of unused stamp paper and not for use of stamp paper- SC-CLJ-2008-211, SC- U.P. Revenue Judgment- 2008(2)-1424(A).
AK PUNDIR (HOD (FINANCE & ACCOUNT)) 19 March 2011
Thanks Arvind Ji