Tag Archives: stamp

Part sale consideration or stamp duty can’t be sole criteria to hold transaction as benami: SC

The Supreme Court of India recently reiterated that the payment of part sale consideration or stamp duty by another person cannot be the sole criteria to hold the sale transaction as benami. After a review of plethora of case law, … Continue reading

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Stamp duty not necessary on foreign arbitration awards in India: SC

The Supreme Court of India ruled that the payment of stamp duty is not necessary for the enforcement of foreign arbitration awards in India. The Court said that the expression ‘award’ under Item 12 of Schedule I of the Indian … Continue reading

Posted in Administrative Law, Arbitration Conciliation Law, General Law, International Law, Registration & Stamp Law | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Registering authority not bound by the assessment of stamp duty made by the court: SC

The Supreme Court of India held that the registering authority is not bound by the assessment of stamp duty made by the court as per suit valuation during the registration of an instrument of partition. The Court said “The Suits … Continue reading

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Agreement cannot be acted upon till such time it is duly stamped: Delhi High Court

Delhi High Court ruled that an agreement, containing an arbitration clause, requiring to be duly stamped under the provisions of the Indian Stamp Act, 1899 (‘ISA’) cannot be acted upon by the Court when approached by one of the parties … Continue reading

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