Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Trial Court did not judicially determine admissibility of insufficiently stamped instrument, merely...

Trial Court did not judicially determine admissibility of insufficiently stamped instrument, merely exercising inherent power u/s 151 CPC to prevent abuse of process. Section 35 of Stamp Act not attracted without judicial determination on admissibility. Courts entrusted to ensure payment of requisite stamp duty, uphold sanctity of legal framework governing stamp duty. Allowing insufficiently stamped instrument undermines legislative intent and fiscal interests. Trial Court's order restoring, High Court order set aside, appeal allowed. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates