When land is registered, then in addition to the government rate, stamp duty and registration fee have to be paid separately. These charges vary according to different land, place, and type. If you are going to buy any land in Chhattisgarh, then first of all you should check the CG govt rate of land. After this, you can find out the rates of stamp duty and registry charges. All these facilities are available online.
A mortgage is a loan secured by real property through the use of a mortgage note and granting of a mortgage. It involves the transfer of an interest in a specifically identified immovable property from the mortgagor to the mortgagee for the purpose of securing repayment of a loan. There are different types of mortgages that vary based on factors like possession and title transfer of the mortgaged property.
The document appears to be a student project on actionable claims under Indian law. It includes:
1. A definition of actionable claim as "a claim to any debt, other than a debt secured by mortgage of immovable property or by hypothecation or pledge of moveable property, or to any beneficial interest in moveable property not in possession either actual or constructive, of the claimant, which the civil courts recognize as affording grounds of relief whether such debt or beneficial interest be existent, accruing or conditional or contingent."
2. A discussion of the conditions of an actionable claim, including that it must be an unsecured money debt or claim to a beneficial interest in movable property not
This document discusses parties to a suit under the Code of Civil Procedure 1908 in India. It defines plaintiff and defendant, and discusses rules around joinder, nonjoinder, and misjoinder of parties. It explains that a plaintiff is the person filing a suit to enforce a legal right, while a defendant is the person being sued. Multiple plaintiffs and defendants can be joined in one suit if there is a common issue. One person may also represent a group in a representative suit under certain conditions, such as numerous parties sharing a common interest.
LLB LAW NOTES ON LAW OF TAXATION
FREE AFFIDAVITS AND NOTICES FORMATS
FREE AGREEMENTS AND CONTRACTS FORMATS
FREE LLB LAW NOTES
FREE CA ICWA NOTES
FREE LLB LAW FIRST SEM NOTES
FREE LLB LAW SECOND SEM NOTES
FREE LLB LAW THIRD SEM NOTES
FREE LLB LAW FOURTH SEM NOTES
FREE LLB LAW FIFTH SEM NOTES
FREE LLB LAW SIXTH SEM NOTES
FREE CA ICWA FOUNDATION NOTES
FREE CA ICWA INTERMEDIATE NOTES
FREE CA ICWA FINAL NOTES
KANOON KE RAKHWALE INDIA
HIRE LAWYER ONLINE
LAW FIRMS IN DELHI
CA FIRM DELHI
VISIT : https://www.kanoonkerakhwale.com/
VISIT : https://hirelawyeronline.com/
The ppt consists of meaning of the doctrine with example. A detailed understanding of the principle has been included along with many case laws. The essentials have been mentioned which will validate the act of parties.
This document discusses the concept of "lifting the corporate veil" or disregarding the separate legal personality of a company. It provides several examples of where courts have lifted the veil to determine the reality of a situation, including to: identify the nationality/residence of the controlling individuals behind a company; prevent a company from being used to evade a legal obligation; and establish that a company was acting as an agent of another. The document also covers when a company can be liable for crimes based on the intent of its "directing mind and will" and discusses vicarious liability of companies in tort.
A mortgage is a loan secured by real property through the use of a mortgage note and granting of a mortgage. It involves the transfer of an interest in a specifically identified immovable property from the mortgagor to the mortgagee for the purpose of securing repayment of a loan. There are different types of mortgages that vary based on factors like possession and title transfer of the mortgaged property.
The document appears to be a student project on actionable claims under Indian law. It includes:
1. A definition of actionable claim as "a claim to any debt, other than a debt secured by mortgage of immovable property or by hypothecation or pledge of moveable property, or to any beneficial interest in moveable property not in possession either actual or constructive, of the claimant, which the civil courts recognize as affording grounds of relief whether such debt or beneficial interest be existent, accruing or conditional or contingent."
2. A discussion of the conditions of an actionable claim, including that it must be an unsecured money debt or claim to a beneficial interest in movable property not
This document discusses parties to a suit under the Code of Civil Procedure 1908 in India. It defines plaintiff and defendant, and discusses rules around joinder, nonjoinder, and misjoinder of parties. It explains that a plaintiff is the person filing a suit to enforce a legal right, while a defendant is the person being sued. Multiple plaintiffs and defendants can be joined in one suit if there is a common issue. One person may also represent a group in a representative suit under certain conditions, such as numerous parties sharing a common interest.
LLB LAW NOTES ON LAW OF TAXATION
FREE AFFIDAVITS AND NOTICES FORMATS
FREE AGREEMENTS AND CONTRACTS FORMATS
FREE LLB LAW NOTES
FREE CA ICWA NOTES
FREE LLB LAW FIRST SEM NOTES
FREE LLB LAW SECOND SEM NOTES
FREE LLB LAW THIRD SEM NOTES
FREE LLB LAW FOURTH SEM NOTES
FREE LLB LAW FIFTH SEM NOTES
FREE LLB LAW SIXTH SEM NOTES
FREE CA ICWA FOUNDATION NOTES
FREE CA ICWA INTERMEDIATE NOTES
FREE CA ICWA FINAL NOTES
KANOON KE RAKHWALE INDIA
HIRE LAWYER ONLINE
LAW FIRMS IN DELHI
CA FIRM DELHI
VISIT : https://www.kanoonkerakhwale.com/
VISIT : https://hirelawyeronline.com/
The ppt consists of meaning of the doctrine with example. A detailed understanding of the principle has been included along with many case laws. The essentials have been mentioned which will validate the act of parties.
This document discusses the concept of "lifting the corporate veil" or disregarding the separate legal personality of a company. It provides several examples of where courts have lifted the veil to determine the reality of a situation, including to: identify the nationality/residence of the controlling individuals behind a company; prevent a company from being used to evade a legal obligation; and establish that a company was acting as an agent of another. The document also covers when a company can be liable for crimes based on the intent of its "directing mind and will" and discusses vicarious liability of companies in tort.
The document discusses several equitable doctrines including conversion, election, satisfaction, and performance. The doctrine of conversion provides that equity treats property as if it is in the form intended by the owner, such as considering money directed to purchase land as the land itself. The doctrines of election and satisfaction deal with situations where a person receives a benefit from a will but is also subject to an associated obligation. The doctrine of performance allows an act other than what was originally required to be viewed as fulfilling an obligation.
Rights and duties of the mortgagor and mortgagee sheetaljagannathRamapur
The document discusses the rights and duties of mortgagors and mortgagees under Indian law. It outlines the key rights of mortgagors, such as the right to redeem property, transfer property to a third party, inspect documents, and claim improvements. It also discusses duties of mortgagors around defective titles and taxes. For mortgagees, it outlines rights like foreclosure, sale of property, and accession. Mortgagee duties include managing the property prudently, collecting rents, paying taxes, making repairs, and not committing waste. The document provides details on exercising these rights and fulfilling these duties according to various sections of Indian law.
This material is for PGPSE / CSE students of AFTERSCHOOOL. PGPSE / CSE are free online programme - open for all - free for all - to promote entrepreneurship and social entrepreneurship PGPSE is for those who want to transform the world. It is different from MBA, BBA, CFA, CA,CS,ICWA and other traditional programmes. It is based on self certification and based on self learning and guidance by mentors. It is for those who want to be entrepreneurs and social changers. Let us work together. Our basic idea is that KNOWLEDGE IS FREE & AND SHARE IT WITH THE WORLD
The document discusses the provisions related to commissions under the Code of Civil Procedure (CPC) in Bangladesh. It summarizes the key powers of courts to issue commissions, the purposes for which commissions can be issued (e.g. to examine witnesses or conduct a local investigation), and the procedures involved as outlined in Order 26 of the CPC. These include rules regarding who can be examined via commission, the process for commissioners to conduct investigations and submit reports, and the evidentiary value of commissioners' reports.
Irregular Proceedings under Code of Criminal Procedure 1973Aditya Kashyap
This document discusses irregular proceedings under the Code of Criminal Procedure. It begins by defining irregular proceedings as illegal or not in accordance with procedural law. It then outlines two types of irregularities: curable and incurable. Curable irregularities are those that do not vitiate proceedings, like when a magistrate not empowered commits an error in good faith. Incurable irregularities void proceedings, like when an unauthorized magistrate tries an offender. It provides examples of irregularities from sections 460 and 461 of the Code. The document concludes by discussing principles from case law on when irregularities vitiate a trial.
This document provides an overview of the sale of immovable property under Indian law. It defines a sale as the transfer of ownership of a property in exchange for a price that is paid, promised, or partially paid and partially promised. For a valid sale, the seller must be the owner of the property, the buyer must be competent to purchase, and there must be a transfer of ownership in exchange for a price. A sale is effected through a registered sale deed or delivery of possession for properties under Rs. 100 in value. The rights and liabilities of buyers and sellers are also outlined.
The document discusses Indian laws related to registration and stamp duty for property transactions and legal documents. The Registration Act of 1908 and Indian Stamp Act of 1899 require registration and payment of stamp duty for certain types of documents related to property transfers and legal agreements. Failure to properly register or pay stamp duty can result in documents being inadmissible in court and penalties for those involved. The acts aim to provide authenticity and legitimacy for important financial and legal documents.
This document provides an overview of limitation laws in India. It discusses key concepts such as:
1. Limitation laws aim to provide repose, peace, and justice by putting an end to lingering legal claims and litigation.
2. The Limitation Act of 1963 establishes limitation periods for different types of civil and criminal proceedings. Claims filed after the prescribed period can be dismissed.
3. Exceptions allow for delayed filing if sufficient cause is shown, such as fraud, mistake, or if the claimant was a minor or incapacitated. Overall, the limitations framework balances fairness to both parties in legal disputes.
Study on Prospectus according to companies act 1956 and different case studies which would help you understand the provisions well. It's important to look at companies act 2013 for amendments made, so that much more clarity can be obtained.
The document discusses the legal provisions around search and seizure in India, including obtaining search warrants, conducting searches with and without warrants, general procedures that must be followed, and restrictions. Key points covered include the circumstances for issuing search warrants, required procedures for conducting searches, and limitations on searches without warrants to prevent abuse of power.
This document provides information about easements, including:
1. Easements are rights to use another's property and can be created by grant, prescription, custom, or necessity. There must be a dominant and servient property.
2. Easements can be express (created by a legal document) or implied based on prior use. Types include affirmative (right to use property) and negative (right to prevent uses).
3. Characteristics of easements include the right benefiting the dominant property and different ownership of dominant and servient properties. Easements do not transfer ownership of land.
Securitisation and reconstruction of financial assets and enforcement of secu...ACS Shalu Saraf
The SARFAESI Act enables secured creditors like banks and financial institutions to enforce their security without court intervention. It allows creditors to take possession of secured assets, sell them, or assign rights over them to recover loans in case of default. The Act established mechanisms for asset reconstruction companies to acquire financial assets from banks and issue security receipts to investors. It defines terms like borrower, financial asset, and non-performing asset. The constitutional validity of the Act was upheld by the Supreme Court. Methods of recovery include securitization, asset reconstruction, and direct enforcement of security. Amendments allowed debt to equity conversion and banks to purchase auctioned properties under certain conditions.
Attestation under Transfer of Property Act, 1882.
Meaning, example, meaning under section 3 of transfer of property act, Essentials of a valid attestation, Attesting witness, registrar as attesting witness, mode of attestation, legal effect of attestation, party interested in the transaction.
This document discusses the concept of charge under the Transfer of Property Act 1882. It defines a charge as a form of security for a loan where certain property is agreed to be "charged". There must be some essentials fulfilled to create a valid charge, such as the property being immovable and the charge being created by an act of parties. A charge can be terminated by the act of parties through releasing the debt or security, through novation, or through merger. Case laws are discussed that show a charge is created when there is a clear intention to use property as security for payment without transferring rights, and every mortgage involves a charge but not every charge is a mortgage.
Code of civil procedure 1908 suits in particular cases pptxDr. Vikas Khakare
This presentation contains provision as to suits in particular cases. It include provisions under Code of Civil Procedure as to suit by or against government and public office; suit by or against corporation; suit by or against minor and person of unsound mind; suit by indigent person and interpleader suits.
This document provides an introduction to the Law of Equity and Trust at Kalinga University. It discusses that Equity developed as a separate system from Common Law to provide fair remedies that Common Law did not. The Court of Chancery was established to handle cases not covered by Common Law writs. The key principles of Equity include that where there is a right, there must be a remedy; Equity follows but also overrides law when needed; those seeking Equity must do Equity themselves; unreasonable delay can defeat a claim; and Equity looks at intent over rigid legal form.
MEMORANDUM OF ASSOCIATION AND ARTICLES OF ASSOCIATION WITH DOCTRINE OF ULTRA...Anushka Singh
This document discusses the memorandum of association and articles of association of a company under Indian law. It provides details on the memorandum of association, including its purpose and required clauses. It also explains the doctrines of ultra vires and indoor management, which relate to a company acting beyond its powers as defined in the memorandum or internal management issues, respectively. The memorandum establishes the fundamental conditions and defines the company's powers, and any acts beyond these powers would be considered ultra vires and void.
The Specific Relief of Act 1877
The Law of Limitation Act, 1908
ARNAB KUMAR DAS
Port City International University,
Chittagong, Bangladesh.
SID: LLB 00305037
The document provides an overview of negotiable instruments under Indian law. It discusses key concepts like negotiable instruments, promissory notes, bills of exchange, and cheques. Some main points:
- The Negotiable Instruments Act 1881 governs negotiable instruments in India and is based on the English Act. It covers promissory notes, bills of exchange, and cheques that are transferable and payable to order or bearer.
- A promissory note contains an unconditional promise by the maker to pay a certain sum to the payee or order. A bill of exchange is an unconditional order to pay a certain sum. A cheque is a bill of exchange drawn on a bank and payable
The document provides an overview of negotiable instruments under Indian law, including the Negotiable Instruments Act of 1881. It defines key terms like promissory notes, bills of exchange, cheques, negotiation and endorsement.
It outlines the essential elements and parties involved in different types of negotiable instruments. Promissory notes require a maker who promises to pay a sum to a payee. Bills of exchange require a drawer, drawee and payee. Cheques are drawn on a specified banker and payable on demand.
Negotiation allows an instrument to be transferred, making the transferee the new holder. This can occur through delivery for bearer instruments or endorsement and delivery for instruments payable
The document discusses several equitable doctrines including conversion, election, satisfaction, and performance. The doctrine of conversion provides that equity treats property as if it is in the form intended by the owner, such as considering money directed to purchase land as the land itself. The doctrines of election and satisfaction deal with situations where a person receives a benefit from a will but is also subject to an associated obligation. The doctrine of performance allows an act other than what was originally required to be viewed as fulfilling an obligation.
Rights and duties of the mortgagor and mortgagee sheetaljagannathRamapur
The document discusses the rights and duties of mortgagors and mortgagees under Indian law. It outlines the key rights of mortgagors, such as the right to redeem property, transfer property to a third party, inspect documents, and claim improvements. It also discusses duties of mortgagors around defective titles and taxes. For mortgagees, it outlines rights like foreclosure, sale of property, and accession. Mortgagee duties include managing the property prudently, collecting rents, paying taxes, making repairs, and not committing waste. The document provides details on exercising these rights and fulfilling these duties according to various sections of Indian law.
This material is for PGPSE / CSE students of AFTERSCHOOOL. PGPSE / CSE are free online programme - open for all - free for all - to promote entrepreneurship and social entrepreneurship PGPSE is for those who want to transform the world. It is different from MBA, BBA, CFA, CA,CS,ICWA and other traditional programmes. It is based on self certification and based on self learning and guidance by mentors. It is for those who want to be entrepreneurs and social changers. Let us work together. Our basic idea is that KNOWLEDGE IS FREE & AND SHARE IT WITH THE WORLD
The document discusses the provisions related to commissions under the Code of Civil Procedure (CPC) in Bangladesh. It summarizes the key powers of courts to issue commissions, the purposes for which commissions can be issued (e.g. to examine witnesses or conduct a local investigation), and the procedures involved as outlined in Order 26 of the CPC. These include rules regarding who can be examined via commission, the process for commissioners to conduct investigations and submit reports, and the evidentiary value of commissioners' reports.
Irregular Proceedings under Code of Criminal Procedure 1973Aditya Kashyap
This document discusses irregular proceedings under the Code of Criminal Procedure. It begins by defining irregular proceedings as illegal or not in accordance with procedural law. It then outlines two types of irregularities: curable and incurable. Curable irregularities are those that do not vitiate proceedings, like when a magistrate not empowered commits an error in good faith. Incurable irregularities void proceedings, like when an unauthorized magistrate tries an offender. It provides examples of irregularities from sections 460 and 461 of the Code. The document concludes by discussing principles from case law on when irregularities vitiate a trial.
This document provides an overview of the sale of immovable property under Indian law. It defines a sale as the transfer of ownership of a property in exchange for a price that is paid, promised, or partially paid and partially promised. For a valid sale, the seller must be the owner of the property, the buyer must be competent to purchase, and there must be a transfer of ownership in exchange for a price. A sale is effected through a registered sale deed or delivery of possession for properties under Rs. 100 in value. The rights and liabilities of buyers and sellers are also outlined.
The document discusses Indian laws related to registration and stamp duty for property transactions and legal documents. The Registration Act of 1908 and Indian Stamp Act of 1899 require registration and payment of stamp duty for certain types of documents related to property transfers and legal agreements. Failure to properly register or pay stamp duty can result in documents being inadmissible in court and penalties for those involved. The acts aim to provide authenticity and legitimacy for important financial and legal documents.
This document provides an overview of limitation laws in India. It discusses key concepts such as:
1. Limitation laws aim to provide repose, peace, and justice by putting an end to lingering legal claims and litigation.
2. The Limitation Act of 1963 establishes limitation periods for different types of civil and criminal proceedings. Claims filed after the prescribed period can be dismissed.
3. Exceptions allow for delayed filing if sufficient cause is shown, such as fraud, mistake, or if the claimant was a minor or incapacitated. Overall, the limitations framework balances fairness to both parties in legal disputes.
Study on Prospectus according to companies act 1956 and different case studies which would help you understand the provisions well. It's important to look at companies act 2013 for amendments made, so that much more clarity can be obtained.
The document discusses the legal provisions around search and seizure in India, including obtaining search warrants, conducting searches with and without warrants, general procedures that must be followed, and restrictions. Key points covered include the circumstances for issuing search warrants, required procedures for conducting searches, and limitations on searches without warrants to prevent abuse of power.
This document provides information about easements, including:
1. Easements are rights to use another's property and can be created by grant, prescription, custom, or necessity. There must be a dominant and servient property.
2. Easements can be express (created by a legal document) or implied based on prior use. Types include affirmative (right to use property) and negative (right to prevent uses).
3. Characteristics of easements include the right benefiting the dominant property and different ownership of dominant and servient properties. Easements do not transfer ownership of land.
Securitisation and reconstruction of financial assets and enforcement of secu...ACS Shalu Saraf
The SARFAESI Act enables secured creditors like banks and financial institutions to enforce their security without court intervention. It allows creditors to take possession of secured assets, sell them, or assign rights over them to recover loans in case of default. The Act established mechanisms for asset reconstruction companies to acquire financial assets from banks and issue security receipts to investors. It defines terms like borrower, financial asset, and non-performing asset. The constitutional validity of the Act was upheld by the Supreme Court. Methods of recovery include securitization, asset reconstruction, and direct enforcement of security. Amendments allowed debt to equity conversion and banks to purchase auctioned properties under certain conditions.
Attestation under Transfer of Property Act, 1882.
Meaning, example, meaning under section 3 of transfer of property act, Essentials of a valid attestation, Attesting witness, registrar as attesting witness, mode of attestation, legal effect of attestation, party interested in the transaction.
This document discusses the concept of charge under the Transfer of Property Act 1882. It defines a charge as a form of security for a loan where certain property is agreed to be "charged". There must be some essentials fulfilled to create a valid charge, such as the property being immovable and the charge being created by an act of parties. A charge can be terminated by the act of parties through releasing the debt or security, through novation, or through merger. Case laws are discussed that show a charge is created when there is a clear intention to use property as security for payment without transferring rights, and every mortgage involves a charge but not every charge is a mortgage.
Code of civil procedure 1908 suits in particular cases pptxDr. Vikas Khakare
This presentation contains provision as to suits in particular cases. It include provisions under Code of Civil Procedure as to suit by or against government and public office; suit by or against corporation; suit by or against minor and person of unsound mind; suit by indigent person and interpleader suits.
This document provides an introduction to the Law of Equity and Trust at Kalinga University. It discusses that Equity developed as a separate system from Common Law to provide fair remedies that Common Law did not. The Court of Chancery was established to handle cases not covered by Common Law writs. The key principles of Equity include that where there is a right, there must be a remedy; Equity follows but also overrides law when needed; those seeking Equity must do Equity themselves; unreasonable delay can defeat a claim; and Equity looks at intent over rigid legal form.
MEMORANDUM OF ASSOCIATION AND ARTICLES OF ASSOCIATION WITH DOCTRINE OF ULTRA...Anushka Singh
This document discusses the memorandum of association and articles of association of a company under Indian law. It provides details on the memorandum of association, including its purpose and required clauses. It also explains the doctrines of ultra vires and indoor management, which relate to a company acting beyond its powers as defined in the memorandum or internal management issues, respectively. The memorandum establishes the fundamental conditions and defines the company's powers, and any acts beyond these powers would be considered ultra vires and void.
The Specific Relief of Act 1877
The Law of Limitation Act, 1908
ARNAB KUMAR DAS
Port City International University,
Chittagong, Bangladesh.
SID: LLB 00305037
The document provides an overview of negotiable instruments under Indian law. It discusses key concepts like negotiable instruments, promissory notes, bills of exchange, and cheques. Some main points:
- The Negotiable Instruments Act 1881 governs negotiable instruments in India and is based on the English Act. It covers promissory notes, bills of exchange, and cheques that are transferable and payable to order or bearer.
- A promissory note contains an unconditional promise by the maker to pay a certain sum to the payee or order. A bill of exchange is an unconditional order to pay a certain sum. A cheque is a bill of exchange drawn on a bank and payable
The document provides an overview of negotiable instruments under Indian law, including the Negotiable Instruments Act of 1881. It defines key terms like promissory notes, bills of exchange, cheques, negotiation and endorsement.
It outlines the essential elements and parties involved in different types of negotiable instruments. Promissory notes require a maker who promises to pay a sum to a payee. Bills of exchange require a drawer, drawee and payee. Cheques are drawn on a specified banker and payable on demand.
Negotiation allows an instrument to be transferred, making the transferee the new holder. This can occur through delivery for bearer instruments or endorsement and delivery for instruments payable
This document provides an overview of negotiable instruments under the Negotiable Instruments Act 1881 in India. It defines key terms like promissory notes, bills of exchange, and cheques. It outlines the essential characteristics of negotiable instruments and presumptions that can be made about them. It then provides more detail on promissory notes, including defining a promissory note, listing the parties involved, and describing the essential characteristics. Similarly, it defines bills of exchange, lists the typical parties, and provides a specimen bill of exchange.
Benami Transactions (Prohibition) Act, 1988 has been amended and renamed as Prohibition
of Benami Property Transactions Act, 1988 (PBPT Act). Benami Act mainly focuses on finding
real names behind nameless real estate transactions. The amended act clearly defines the benami
transactions
The document discusses various laws related to real estate transactions in India, including:
1. The Indian Contract Act of 1872, which governs contract law.
2. The Transfer of Property Act of 1882, which lays out principles for transferring property through sale, lease, etc.
3. The Registration Act of 1908, which deals with registering documents to prevent fraud and conserve evidence of titles.
It also briefly mentions other relevant laws like the Income Tax Act of 1961, Wealth Tax Act of 1957, laws governing urban planning, and those administered by the Ministry of Urban Development.
This document discusses various laws related to real estate transactions in India. It outlines 16 key acts that govern this area like the Indian Contract Act 1872, Transfer of Property Act 1882, Registration Act 1908, Urban Land Ceiling Act 1976, Land Acquisition Act 1894, and Income Tax Act 1961. These acts cover aspects like contract enforcement, property transfer rules, registration formalities, land ownership ceilings, land acquisition for government projects, and taxation. Real estate transactions must comply with the relevant provisions of these central and state laws.
The document summarizes the key aspects of the Registration Act of 1908 in India. It discusses (1) why the act was introduced - to record certain transactions and prevent fraud, (2) the classification of registrable documents into those requiring compulsory registration and those where registration is optional, (3) the time limits for registration, and (4) the effects of non-registration of documents that are required to be registered.
The document provides an overview of negotiable instruments under Indian law. It defines key negotiable instruments like promissory notes, bills of exchange, and cheques. It outlines their essential elements, parties involved, and examples. The document also discusses negotiation, endorsement, and types of endorsement. The key information covered includes definitions of negotiable instruments, their distinguishing features, types like inland/foreign bills and time/demand bills, and roles of parties in promissory notes, bills of exchange, and cheques.
The Indian Registration Act of 1908 outlines various sections related to compulsory and optional registration of documents in India. Key points:
1) Section 17 lists documents of which registration is compulsory, including gifts of immovable property, leases over one year, and instruments related to rights over property valued over 100 rupees.
2) Section 18 allows for optional registration of similar documents valued under 100 rupees and leases under one year.
3) Documents must generally be presented for registration within 4 months and must contain an accurate description and map of the property for registration relating to land.
This document is an Act passed by the Indian Parliament to regulate chit funds. Some key points:
- It defines important terms related to chit funds such as foreman, subscriber, chit amount, prize amount, etc.
- It requires all chits to be sanctioned by the state government and registered according to this Act in order to be commenced or conducted legally.
- It prohibits the invitation of subscriptions without meeting certain conditions like obtaining required sanctions.
- It specifies the necessary particulars that must be included in the chit agreement document signed by subscribers and foreman, such as subscriber details, installment amounts, manner of determining prized subscriber, etc.
Written while pursuing the NUJS MA in Business Laws (http://startup.nujs.edu/). It often so happens that an agreement or conveyance or any other document is improperly stamped and not in compliance with the Indian Stamp Act, 1958, or any of the State stamp legislations. This article discusses the provisions relating to such documents and the different ways such stamping requirements could be complied with and rectified.
The document provides an overview of the Negotiable Instruments Act 1881 in India. It discusses:
1) The history leading to the development and implementation of the Act in 1881 to standardize rules around negotiable instruments like promissory notes and bills of exchange.
2) Key definitions in the Act including what makes an instrument negotiable based on certain conditions, and definitions of holders in due course.
3) Essential elements for an instrument to be considered negotiable, including being in writing, unconditional promises to pay, and ability to transfer ownership through endorsement and delivery.
The document discusses securities laws regarding real estate investments. It summarizes that limited partnerships and limited liability companies are considered securities under Texas law. Tenant-in-common transactions are often used in real estate deals but their status is unclear and the SEC considers them securities. True joint ventures are not securities if investors have common control and management is not delegated to others. The document outlines registration requirements, exemptions, liability for non-compliance, and rescission remedies available to investors.
Registration involves officially recording a document to validate its authenticity and safeguard original copies. While registration is mandatory for some documents like gift deeds for immovable property, it is optional for others. Mandatory registration is outlined in Section 17 of the Indian Registration Act and includes lease agreements over one year and property transfer contracts. Section 18 covers documents that can be optionally registered, such as adoption deeds, stock shares, wills, and mortgages. Sections 79 and 90 of the Indian Evidence Act establish legal presumptions around certified copies and documents over 30 years old.
Cash contribution ≥ ₹ 50,000 but < ₹ 1 lakh ₹ 1,000
(c) Cash contribution ≥ ₹ 1 lakh ₹ 2,000
1) The Maharashtra Stamp Act applies to instruments specified in Schedule I of the Act within the state of Maharashtra. Stamp duty is charged on instruments, not transactions.
2) Stamp duty rates are provided in Schedule I and vary based on the type of instrument and consideration amount. Key instruments discussed include conveyances, leases, mortgages, gifts, and agreements.
3) Instruments must be properly stamped before or at execution. Understamped instruments may be impounded and penalties applied
The document discusses securities and listing requirements according to Indian law and stock exchange regulations. It defines securities according to the Securities Contracts Regulation Act to include shares, bonds, and other financial instruments. It then outlines the powers of the central government and Securities and Exchange Board of India regarding recognition of stock exchanges, supervision of activities, and regulation of listings. Finally, it provides details on listing requirements for companies on the Bombay Stock Exchange and National Stock Exchange of India, including eligibility criteria, ongoing compliance, and fees.
Banning of Unregulated Deposit Schemes Act, 2019 with connected Rules and Not...jossycherianpuncha
This document summarizes key aspects of the Banning of Unregulated Deposit Schemes Act, 2019 (BUDS Act) in India. The Act bans unregulated deposit schemes and establishes authorities to regulate deposits. It defines regulated and unregulated deposits, outlines offenses and punishments for violating the Act, and establishes designated courts to handle related cases. The Act aims to curb financial crimes involving large sums of money from unregulated deposits and provide relief to victims.
The document is a summary of the Money Laundering Prevention Act of 2012 in Bangladesh. It defines key terms related to money laundering such as proceeds of crime, predicate offense, and suspicious transactions. It outlines reporting requirements for financial institutions and gives investigation and enforcement powers to agencies such as the Anti-Corruption Commission. Penalties for money laundering and related offenses include imprisonment, fines, and property confiscation. The act also describes international cooperation measures between Bangladesh and other countries.
This document provides an overview of negotiable instruments law in India. It defines key terms like negotiable instruments, holder in due course, and ambiguous and inchoate instruments. It describes the essential features of negotiability. It also discusses the main types of negotiable instruments - promissory notes, bills of exchange, and cheques. It provides examples and definitions of these instruments and identifies the typical parties involved, like maker, payee, drawee, etc. Finally, it outlines some of the legal requirements and characteristics of valid cheques under Indian law.
Similar to Rates of stamp duty in Chhattisgarh (20)
The National Health Authority (NHA) is pursuing a two-pronged strategy to expand the scope and scale of Ayushman Bharat PMJAY. Beneficiary identification and hospital utilization are examples of these. The NHA is relaunching Aapke Dwar Ayushman with zeal.
When users use chargeable services, MCA collects payments from them. The fees to be charged for such services are determined by the type of service requested and the pricing laws in place. The user has the option of making a payment "Online" or "Offline."
India announced plans to introduce a digital currency next year and tax cryptocurrencies and NFTs on 1ST February 2022, as the world's second-biggest internet market draws closer to recognizing cryptocurrencies as legal cash.
The crypto community in India has applauded the news in Budget 2022 of a flat 30% tax on revenue from the transfer of virtual digital assets (VDAs), such as cryptocurrencies and non-fungible tokens (NFTs). Despite the high VDA tax rate, they are pleased that cryptocurrency has earned some respect by being mentioned in an official Budget document for taxes purposes. Finance Minister Nirmala Sitharaman has stressed, however, that imposing a tax on revenue from VDAs, including cryptocurrency, does not imply that they have been proclaimed lawful. While the imminent bill to govern virtual digital assets will provide considerable clarification on the legality of Crypto, a number of crypto investors are unsure how to calculate their tax burden.
Meaning and legal framework of Director Identification Number (DIN)Ankitasahu60
DIN stands for Director Identification Number, which is issued by the Central Government to anybody who wishes to become a director or who is already a director of a firm. The notion of Director Identification Number (DIN) will be discussed in this article based on some important topics.
The document summarizes the Retail Direct scheme introduced by the Reserve Bank of India. The scheme allows individual investors to buy and sell government bonds online through a dedicated Retail Direct Gilt (RDG) account. To open an RDG account, an individual needs a valid KYC document, email, mobile number, Indian bank account and PAN number. Investors can register on the online portal, verify their identity, and access their RDG account to buy and sell bonds in the primary and secondary markets. There are no fees for opening or maintaining the RDG account.
WHAT IS THE TDS RATE ON CASH WITHDRAW FROM BANK OR POST OFFICEAnkitasahu60
If a person has not filed an income tax return (ITR) in the previous three financial years, cash withdrawals from his or her savings or current bank account would be subject to TDS if the total amount withdrawn in a financial year exceeds Rs 20 lakh.
From the current financial year 2021-22 onwards, the CBDT has said that two distinct PF accounts must be kept, one for taxable contributions and the other for non-taxable payments.
what are the documents required transfer from NRO to NREAnkitasahu60
To transfer a vehicle from the National Register of Ownership (NRO) to the National Register of Enrolment (NRE), 5 documents are required: 1) Original Registration Certificate (RC), 2) Valid Insurance, 3) PUC Certificate, 4) Form 29 and Form 30, and 5) Address Proof.
30 important changes in balance sheet & P/L account of private limited companyAnkitasahu60
A balance sheet is a financial statement report that depicts the financial situation on a specific date. An organization's balance sheet has a wealth of information that can be used to assess financial stability and commercial performance. The balance sheet is a report version of the accounting equation, which states that the total assets must always equal the total liabilities plus shareholder's capital.
P&L depicts an organization's total revenue, expenses, and profits/losses for a given time period. A profit and loss statement also contains information on the company's operations.
Various major changes have been made in Division I of Schedule III:
1) Ageing schedule of Trade receivables
2) Rounding off of figures
3) Shareholding of promoters disclosure
4) Major ratio and comparison with previous year ratio
5) Disclosures relating to cryptocurrency
How to file form-1 (equalization levy) on new income-tax portal?Ankitasahu60
On or before the 30th of June immediately following the financial year, the statement in Form No.1 in respect of all the specified services chargeable to the equalization levy must be given.
The equalization levy would be 6% of the amount of consideration for specified services received or receivable by a non-resident not having a permanent establishment ('PE') in India, from an Indian resident carrying on business or profession, or from a non-resident having a permanent establishment in India.
NPS is India's national pension system that aims to encourage retirement savings. It is regulated by PFRDA and open to all Indian citizens. Contributions can be invested in government bonds, bills and shares. Subscribers receive a PRAN number and can choose from various pension fund managers. Contributions up to Rs. 1.5 lakh are eligible for tax deductions under sections 80CCD(1) and 80CCD(1B). Partial withdrawals are allowed for specific needs but are tax exempt. At retirement, up to 60% of the corpus can be withdrawn tax free with the remaining 40% used to purchase an annuity.
HOW TO FILE FORM-29B IN THE NEW INCOME-TAX PORTAL?Ankitasahu60
This document provides instructions for Chartered Accountants on how to file Form 29B for a taxpayer through the new income tax portal. The CA and taxpayer must be registered with valid IDs and the CA's digital signature certificate cannot be expired. Form 29B has three parts and annexures that the CA can access depending on the taxpayer's circumstances. The CA fills out the form, the taxpayer reviews it for acceptance, and then the form is filed through the income tax portal.
This document discusses wills, including what a will is, types of wills, how to prepare a will, who can make a will, reasons to make a will, executors, and registering wills. A will outlines wishes for property distribution and minor children upon death. There are unprivileged and privileged wills, with different requirements depending on the testator's occupation. Preparing a will involves gathering information about the testator and beneficiaries. Anyone of sound mind can make a will. Reasons to make a will include clearly defining who receives assets, controlling who benefits, choosing guardians, and reducing estate taxes. Executors carry out the testator's wishes, and a will can be registered for additional legal
The Income Tax Department has announced forms for filing I-T returns for the 2020-21 fiscal year, which is a significant development in the field of taxation. In spite of the ongoing COVID pandemic and to make it easier for taxpayers, no major changes to the ITR Forms have been made in relation to last year's ITR Forms. Only the bare minimum reforms were introduced as a result of revisions to the Income-tax Act of 1961.
The document discusses recent amendments made to Section 44AB of the Indian Income Tax Act regarding tax audit limits. Previously, the limit was 1 crore if cash receipts or payments exceeded 5%, but this was increased to 5 crores. Now in Budget 2021, the limit has been further increased to 10 crores. However, a clause has been added such that if receipts or payments are made via non-account payee bank cheques or drafts, the limit could be reduced to 1 crore. It is now the responsibility of the assessee to provide evidence that payments and receipts made via cheques or drafts were account payee, otherwise the 1 crore limit will apply for mandatory tax audit.
On 1st March 2021, CM Bhupesh baghel presented the budget for the state of Chhattisgarh. There are many schemes related to agriculture, education, health that lead Chhattisgarh to grow in the best possible way. For the first time, any state will present a separate budget for the child. The youth are having many expectations, that the CM will talk about the employment opportunity in the budget but again no such mention of employment. No provisions for tax.
From January 1, 2021, new rules will apply to taxes, electricity, roads, mobile phones, cars, banking, and other essential things that will impact budgets. The document outlines 10 new rules: 1) Positive pay system for checks over Rs. 50,000, 2) Fixed timeframe for electricity connections, 3) Changes to GST return rules, 4) Mandatory Fastag for tolls, 5) Increased car prices, 6) New rules for multi-cap mutual funds, 7) Requiring a '0' prefix for landline calls to mobiles, 8) Apps like WhatsApp stopping support on older devices, 9) Standardized lower premium term life insurance, and 10) Potential additional charges for U
New rules coming into effect in 2021 will directly impact various areas of people's budgets. Ten key areas that will see rule changes include checks, electricity access, GST returns, vehicle tolls requiring Fastag, increased car prices, mutual fund investment allocation, landline call dialing, smartphone compatibility with WhatsApp, standardized term life insurance, and additional charges for UPI payments. The document outlines the new rules for each of these 10 essential areas and how they will affect consumers from January 1.
The government has introduced Rule 86B to the GST rules to prevent tax evasion. The new rule mandates that businesses with a monthly turnover over 50 lakh rupees must pay 1% of their GST liability in cash, while the remaining 99% can be paid using input tax credits as before. This is aimed at curbing the use of fake invoices to claim input tax credits. Certain businesses, such as those whose directors pay over 1 lakh in income tax or received over 1 lakh in GST refunds last year, will be exempt from this rule. When calculating turnover for this rule, supplies exempt from GST and those with a zero tax rate will not be included.
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...sameer shah
Delve into the world of STREETONOMICS, where a team of 7 enthusiasts embarks on a journey to understand unorganized markets. By engaging with a coffee street vendor and crafting questionnaires, this project uncovers valuable insights into consumer behavior and market dynamics in informal settings."
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
BONKMILLON Unleashes Its Bonkers Potential on Solana.pdfcoingabbar
Introducing BONKMILLON - The Most Bonkers Meme Coin Yet
Let's be real for a second – the world of meme coins can feel like a bit of a circus at times. Every other day, there's a new token promising to take you "to the moon" or offering some groundbreaking utility that'll change the game forever. But how many of them actually deliver on that hype?
Lecture slide titled Fraud Risk Mitigation, Webinar Lecture Delivered at the Society for West African Internal Audit Practitioners (SWAIAP) on Wednesday, November 8, 2023.
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...AntoniaOwensDetwiler
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...
Rates of stamp duty in Chhattisgarh
1. RATES OF STAMP DUTY
IN CHHATTISGARH
Stamp duty acts as a proof that a particular transaction has taken place and it is valid. It is a tax
imposed on all legitimate real estate transactions. Stamp duty is required to be paid on a
number of documents and a major source of revenue to earn for the government of
Chhattisgarh. Chhattisgarh stamp duty rates are one of the lowest stamp duties among nearby
states.
WHAT IS STAMP DUTY?
Stamp duty is an indirect tax kind levied by the government on all lawful property transactions.
As a result, stamp duty is a tax that serves as evidence of any acquisition or sale of real estate
between two or more parties. Stamp papers, which must be purchased in the name of either
the seller or the buyer, are valid if the stamp duty is paid promptly. While buying stamp paper
one has to tell the stamp vendor the party/parties to the transaction and the purpose of
transaction.
STAMP DUTY ACT
The provisions of Section 3 of the Indian Stamp Act, 1899, govern the payment of stamp duty.
In addition to providing validity to a document, stamp duty is collected to generate cash for
local governments. Chhattisgarh state earns around Rs 1025 crores from stamp duty during the
financial year ending 2021.
STAMP DUTY CHARGES
Because stamp duty is a state matter in India, stamp duty rates vary from state to state. The
central government, on the other hand, sets the stamp duty rates for individual instruments. As
previously stated, failure to pay stamp duty on time will result in a monthly penalty of 2%. (up
to 200 percent of the remaining amount).
STAMP DUTY RATES IN CHHATTISAGRH
S.NO. DESCRIPTION OF INSTRUMENTS STAMP DUTY
1 Written or signed by, or on behalf of, the debtor in order
to supply evidence of such debt in any book (other than a
banker's pass book) or on a separate piece of paper when
Rs. 2
2. such book or paper is left in the creditor's possession:
Provided that such acknowledgement does not contain
any promise to pay the debt or any stipulation to remit
the debt, or to deliver any goods or other property.
2 A bond provided under section 291, 375, or 376 of the
Indian Succession Act, 1925 (39 of 1925), or section 6 of
the Government Savings Bank Act,l873 (5 of 1873) are
examples of administration bonds
The same duty as a Bond (No.l5)
for such amount.
3 Adoption Dead:
That is, any document (other than a Will) that records an
adoption or grants or purports to provide authorization to
adopt.
Rs.500
(w.e.f. 25 april 1997)
4 Affidavit, which includes an affirmation or declaration in
the instance of those who are permitted by law to affirm
or declare rather than swear.
EXEMPTIONS:
Affidavit or written declaration when made –
(a) as a condition of enrollment under the Army Act,
1950 (XLVI of 1950) or the Air Force Act, 1950
(XLVI of 1950)
(b) For the sole purpose of enabling any person to
receive any pension or charitable allowance; or
(c) For the sole purpose of being filed or utilised in
any Court or before any officer of any Court.
EXEMPTIONS:
(1) "An affidavit signed by a member of a Schedule Caste
or Schedule Tribe"
(Notification no 780-202-6-R-76 dated 02.11.1976)
(2) Affidavit filed with a Commission of Inquiry established
by the Government of India or a State Government under
the Commission of Inquiry Act of 1952.”
(Notification no.767-1094-VI-R dated 18.10.1977)
Rs. 5
(w.e.f. 15.10.1990)
5 Agreement or memorandum of agreement:
(a) It relates to the sale of a bill of exchange, a
government security, or a share in an
incorporation company or other legal entity.
= Rs. 1 for every 10,000 rupees
or fraction thereof in the value
of a bill of exchange, security, or
3. (aa) If the contract is for the construction of a building
on a piece of land by someone other than the owner
or lessee of the land, and it states that after
construction, the building will be held jointly or
severally by that other person and the owner or
lessee of the land, as the case may be, or that it will
be sold jointly or severally by them, or that a portion
of it will be held jointly or severly by them.
(b) If not otherwise provided for.
Exemptions:- Agreement or memorandum of an
agreement –
(i) solely for or relating to the sale of commodities or
products, and not a note or memorandum chargeable
under no 43.
(ii) submitted to the Central Government in the form
of tenders for or relating to any Loan Agreement to
Lease, see Lease (No. 35)
share.
= 2% of the land's market value.
= Rs. 50
The M.P. Amendment Act, 19 of
1989, appears to have left
exemptions out of the statute.
6 Any instrument evidencing an agreement pertaining to
the deposit of title deeds, pawn or pledge, or any other
agreement relating to -
1. the deposit of title deeds or other evidence of
ownership to any property (other than a
marketable security), or
2. the pawn, or pledge or moveable property, if such
deposit, pawn, or pledge is provided as security
for the repayment of money advanced or to be
advanced by way of loan or a current or future
debt –
(a) if the loan or debt is repayable on demand or within
three months of the date of the agreement's document.
(b) if the loan or debt is repayable within three months of
the instrument's date of issuance.
* “0.5 percent of the sum secured by such deed, up to a
maximum of 50,000 rupees”
[Notice no. 69, issued July 23, 2003, was amended.
= * 2% of the amount of loan or
debt
-Half the duty payable under
sub- clause (a) of this article
4. * "0.1 percent of the amount secured by such deed"
[Amended by notification no. 12 dated February 28,
2004].
EXPLANATION: for the purpose of clause (1) of this article,
notwithstanding anything contained in any judgment,
decree or order of any Court or order of any authority,
any letter, note, memorandum or writing relating to the
deposit of title deeds whether written or made either
before or at the time when or after the deposit of title
deeds is affected, and whether it is in respect of the
security for the first loan or any additional loan or loans
taken subsequently, shall in the absence of any separate
agreement or memorandum of agreement relating to
deposit of such title deeds, be deemed to be an
instrument evidencing an agreement relating to the
deposit of title deeds.
EXEMPTIONS:
Instrument of pawn or pledge of agricultural produce if
unattested"
7 Appointment in the exercise of a power- whether of
trustees or of movable or immovable property, made by
any writing other than a will.
Rs. 100
8 Appraisal or valuation — a determination made without a
court order in the course of a suit;
(a) if the amount is less than Rs. 10,000/-
b) In all other circumstances
Exemptions:
(A) Appraisal or value performed solely for the benefit of
one party and not binding on the parties in any way,
either by agreement or by operation of law.
(B) Crop appraisal for the purpose of determining the
amount of rent to be paid to a landlord.
The same duty as a Bond
(No.l5) for such amount.
Rs. 100
9 Apprenticeship Deed - Every writing relating to the service
or tutoring of any apprentice, clerk, or servant placed
with any master to learn any profession, trade, or
occupation, excluding articles and clerkships (No. 11).
Exemption - An apprenticeship instrument signed by a
Magistrate under the Apprentices Act of 1961 (LII of 1961)
-Rs. 15
5. or by which a person is apprenticed by or at the charge of
a public charity.
10 Articles of association of a company,
(a) In the case of a firm with no share capital.
(b) Where the company's share capital is nominal.
EXEMPTION: Articles of any association not formed for
profit and registered under Section 25 of the Companies
Act, 1956 are exempt ( No 1 of 1956).
Rs. 1000
0.15% of such nominal share
capital subject to a minimum of
Rs.1000, and a maximum of
Rs.5 lakh.
11 Articles of clerkship or contract requiring a person to first
serve as a clerk before being admitted as an attorney in a
High Court.
Assignment,See conveyance (No. 23), transfer (No. 62),
and transfer or lease (No. 63).
Attorney,See power of attorney ( No. 48),
See Adoption-Deed (No. 3) for authority to adopt
Rs. 350
12 Award, that is, any written decision by an arbitrator or
umpire on a reference made other than by an order of the
court in the course of a dispute, that is not an award
directing a partition:
(a) where the award is for less than Rs. 10,000/-
(b) when the award is for more than Rs. 10,000/-
(i) on the first Rs. 10,000;
(ii) on every additional Rs. 10,000/- or part
thereof in excess of Rs. 10,000/-
The same duty as a Bond (No.
l5) for such amount.
The same duty as a Bond (No.
l5) for such amount.
Rs. 10
13 - -
14 - -
15 BOND- (As defined in section 2(5), a bond is one that is
not a debenture and is not otherwise provided for by this
Act or the Court Fees Act of 1870.) (VII of 1870).
On the amount or value secured:
6. Provided that if the amount or value is not a multiple of
ten rupees, it shall be rounded off to the nearest multiple
of ten rupees, with amounts greater than five rupees
being counted as ten rupees and amounts less than five
rupees being ignored.
EXEMPTION:
Bond, when undertaken by any individual for the purpose
of ensuring that the local income received from private
subscriptions to a charitable dispensary, hospital, or any
other object of public use does not fall below a certain
sum per mensem.
See Administration Bond (No. 2), Bottomry Bond (No. 16),
Customs Bond (No. 26), Indemnity Bond (No. 34),
Respondentia Bond (No. 56), Security Bond (No. 57)
2% of such amount or value
16 Bottomry Bond, any instrument by which the master of a
seagoing ship borrows money on the ship's security to
enable him to preserve the ship or continue her voyage.
17
17-A
17-B
Cancellation- If attested and not otherwise provided for,
an instrument of (including any instrument by which an
instrument previously executed is cancelled).
See also Release (No. 55), Revocation of Settlement (No.
58B), Surrender of lease (No. 61), Revocation of trust (No.
64-B)
The State Bar Council of Chhattisgarh granted a
“certificate of enrolment” under section 22 of the
Advocates Act, 1991 (No.25 of 1991).
Certificate of practise as a notary, public issued under
subsection (l) of section 5 of the Notaries Act, l952 (No.53
of l952), or endorsement of renewal of such certificate
issued under subsection (2) of the said section.
Rs. 100
Rs. 250
Rs. 500
18 A certificate of sale is given to the purchaser of any
property sold by public auction by a civil or Revenue
Court, or by a Collector or other Revenue Officer (in
respect of each property put up as a distinct lot and sold).
The same duty as a conveyance.
No.23) for a market value equal
to the amount of purchase
money only. provided that if the
total amount of duty payable is
not a multiple of 50 paise, it
shall be rounded off to the
nearest rupee, half of a rupee
7. or over being counted as one
rupee and less than half of a
rupee being disregarded.
19 Certificate or other document evidencing the holder's or
any other person's right or title to any shares, scrip, or
stock in or of any incorporated business or other body
corporate, or the right or title to become the proprietor of
such shares, scrip, or stock.
Rs. 2
20
20-A
Charter Party- Any instrument (excluding an agreement
for the employment of a tug-steamer) by which a vessel
or some specified principal component thereof is hired for
the charterer's defined purposes, whether or not it
includes a penalty provision.
Clearance List-
(a) if the transaction involves the acquisition or sale of
Government securities through a stock exchange's
clearing house.
(b) if relates to the purchase or sale of a share, scrip,
stock, bond, debenture, debenture-stock, or other
marketable security of a like type in or of an incorporated
business or other body corporate, filed to a stock
exchange clearing house.
Rs. 3
One rupee for every Rs. 10,000
or part thereof in respect of
each of the entries in such list
on the value of securities
calculated at the making price
or the contract price, as the
case may be, subject to a
maximum of Rs. 1000.
One rupee for every Rs. 10,000
or part thereof in respect of
each of the entries in such list
on the value of securities
calculated at the making price
or the contract price, as the
case may be.
21 - -
22 Composition deed- any instrument executed by a debtor
in which he conveys his property for the benefit of his
creditors, or where payment of composition or dividend
on their debts is secured to the creditors, or where
provision is made for the debtor's business to continue
for the benefit of his creditors, under the supervision of
inspectors or under letters of license.
Rs. 50
23 Conveyance- Any conveyance that is not a transfer
charged or exempted under No. 62, regardless of the
5% of such market value.
provided that if total amount of
8. market value of the property being conveyed.
Exemptions-
Assignment of Copyright under the Copy-right Act,1957
(No.14 of 1957), Section 18, Co- partnership deed, See
Partnership (No. 46).
Explanation- For the purposes of this article, where the
possession of any immovable property is transferred to
the purchaser before or after the execution of such
agreement without the execution of the conveyance in
respect thereof, such agreement to sell shall be deemed
to be a conveyance and stamp duty shall be levied in
accordance with the provisions of this article:
Provided that the provisions of section 47-A apply mutatis
mutandis to such agreement that is deemed to be a
conveyance as aforesaid in the same way that they apply
to a conveyance under that section:
Further, where a conveyance is executed in pursuance to
such agreement of sale, the stamp duty, if any, already
paid and recovered on the agreement of sale that is
deemed to be a conveyance shall be adjusted towards the
total duty leviable on the conveyance, up to a maximum
of Rs. 10.
the duty payable is not a
multiple of fifty paise, it shall be
rounded off to the nearest
rupee, half of a rupee and over
being counted as one rupee and
less than half a rupee being
disregarded.
provided further that, where an
instrument relates to the
amalgamation or reconstruction
of companies under order of
the High Court under section
394 read with section 391 of
the Companies Act,1956(1 of
1956) or under order of the
Reserve Bank of India under
section 44-A of the Banking
Regulation Act,1949 (10 of
1949) the duty chargeable shall
not exceed an amount equal to
5% of the marker value of the
immovable property transferred
which is located within the
State of Chhattisgarh or an
amount equal to 0.7% of the
aggregate of the market value
of the shares issued or allotted
in exchange or otherwise and
the amount of consideration
paid for such transfer,
whichever is higher.
24 Copy or Extract- It is certified to be a true copy or extract
by or by order of any public officer and is not payable
under the law related to court fees in effect at the time.
Exemption:
(a) A copy of any paper that a public officer is required by
law to make or give for record in office or for any other
public purpose.
(b) A copy of any registry related to births, baptisms,
namings, dedications, marriages, divorces, deaths, or
burials, or an excerpt from one.
Rs. 10
25 Any instrument for which the necessary duty has been
paid has a counterpart or duplicate-
9. (a) If the duty on the original instrument is not more
than four rupees.
(b) In any other case….
Exemption:
When a cultivator is awarded a duty-free lease, this is the
counterpart of the lease.
The same duty as is payable on
original.
Rs. 6
26 Customs bond –
(a) if the amount is less than Rs. 5,000/-
(b) if the amount is more than Rs. 5,000/-
see also (Bond No. l5) and sections 8 and 55 -
Declaration of any trust, see Trust (No. 64)
Same duty as a bond (No.l5) for
such amount, subject to the
maximum of Rs. 50/-
Rs. 100
27 (A) Declaration under the Prakoshtha Swamitva
Adhiniyam of Chhattisgarh.
(B) A document that amends or corrects a previously
registered deed but does not make any major changes.
Explanation- A material alteration, for the purposes of this
article, is one that changes the parties' rights, obligations,
or legal standing as determined from the document in its
original state, or otherwise changes the legal effect of the
instrument as originally performed.
Rs. 10,000
Rs. 1000
28 Delivery Order- Any instrument entitling any person
named therein, or his assigns, or the holder thereof, to
the delivery of any goods, lying in a dock of port, or in any
warehouse in which goods are stored or deposited on
rent or hire, or upon a wharf, such instrument being
signed by or on behalf of the owner of such goods, upon
the sale or transfer of the property therein, when such
goods exceed in value twenty rupees.
Deposit of Title - Deeds, see Agreement relating to
Deposit of Title Deeds, Pawn or Pledge (No.6).
Dissolution of partnership, See partnership (No. 46).
Rs. 2
29 Divorce is an instrument of, that is, any instrument that
allows a person to dissolve his marriage.
Rs. 100
10. Dower, instrument of, See settlement (No. 58)
Duplicate, see Counterpart (No.25)
30 - -
31 Exchange of property - Instrument of Extract,
see copy (No.24)
The same duty as a conveyance
(No.23) for a market value
equal to the market value of the
property of greater value which
is the subject matter of
exchange.
32 Further charge - Instrument of, that is, any instrument
imposing a further charge on mortgaged property –
(a) When the original mortgage is one of the types listed
in Article No. 40, clause (a) (that is, with possession).
(b) If the mortgage is one of the types mentioned in
Article No. 4o's clause (b) (that is, without possession).
(i) If possession of the property is given or
agreed to be given under the instrument of
additional charge at the moment of
execution.
(ii) If possession is not so given....
The same duty as a conveyance
(No.23) for a market value
equal to the amount of the
further charge secured by such
instrument.
The same duty as a conveyance
(No.23) for a market value
equal to the total amount of the
charge (including) the original
mortgage and any further
charge already made) less the
duty already paid on such
original mortgage and further
charge.
The same duty as a Bond (No.
l5) for the amount of the
further charge secured by such
instrument.
33 Gift - Instrument of, not being a settlement (No. 58) or
will or Transfer (No. 62)
(a) When the donee is not a family member of the donor; The same duty as a conveyance
(No.23) for a market value
equal to the market value of the
property which is the subject
matter of gift;
11. (b) When the donee is a member of the donor's family;
Explanation: The donor's father, mother, husband or wife,
son, daughter, daughter-in-law, brother, sister, and
grandchildren, including son's son and daughter and
daughter's son and daughter, are considered family for
this reason.
At the rate of half percent of
the market value of the
property which is the subject
matter of the gift.
34 Indemnity Bond..
Inspectorships-deed, See Composition Deed (No. 22).
The same duty as a security
Bond (No.57) for the same
amount.
35 Lease, including under-lease or sub-lease and any
agreement to let or sub-let- (a) Where by such lease the
rent is fixed and no premium is paid or delivered-
(i) If the lease purports to be for a period of less than a
year.
(ii) If the lease claims to be for a period of not less than
one year but not more than five years.
(iii) When the lease purports to be for a term of more
than five but less than 10 years.
(iv) When the lease purports to be for a term of more
than ten years but less than twenty years.
(v) When the lease purports to be for a term of more than
twenty years but less than thirty years.
(vi) Where the lease purports to be for a term of more
than thirty years but less than 100 years;
The same duty as a Bond (No.
15) for the whole amount
payable or deliverable under
such lease.
The same duty as a Bond (No.
15) for the amount or value of
average annual rent reserved.
The same duty as a conveyance
(No.23) for a market value
equal to the amount or value of
one and half times the average
annual rent reserved.
The same duty as a conveyance
(No.23) for a market value
equal to three times the
amount or value of the average
annual rent reserved.
The same duty as a conveyance
(No.23) for a market value
equal to five times the amount
of value of the average annual
rent reserved.
The same duty as a conveyance
(No.23) for a market value
12. (vii) Where the lease purports to be for a term of more
than 100 years or in perpetuity;
(viii) Where the lease purports to be for no definite term.
(aa) if the mining lease is granted through an auction;
(i) If the lease purports to be for a period of less than 1
year.
(ii) If the lease purports to be for a period of not less than
one year and not more than five years.
(iii) When the lease purports to be for a term of more
than five but less than 10 years.
(iv) When the lease purports to be for a term of more
than ten years but less than twenty.
(v) When the lease purports to be for a term of more than
twenty years but less than thirty.
equal to eight times the amount
or value of the average annual
rent reserved.
The same duty as a conveyance
(no.23) for a market value equal
to one fourth of the whole
amount of rent which would be
paid or delivered in respect of
the first twelve and half years of
the lease. first 50 years of lease.
The same duty as a conveyance
(No. 23) for a market value
equal to three times to amount
or value of the average annual
rent which would be paid or
delivered for the first ten years,
if lease continued so long.
The same duty as a Bond (No.
15) for the whole amount
payable or deliverable under
such lease.
The same duty as a Bond (No.
15) for the amount or value of
average annual royalty reserved
The same duty as a conveyance
(No.23) for a market value
equal to the amount or value of
one and half times the average
annual royalty reserved.
The same duty as a conveyance
(No.23) for a market value
equal to three times the
amount or value of the average
annual royalty reserved.
The same duty as a conveyance
(No.23) for a market value
equal to five times the amount
of value of the average annual
royalty reserved.
The same duty as a conveyance
13. (vi) If the lease purports to be for a term of more than
thirty years but less than one hundred.
(vii) If the lease purports to be for a term of more than
one hundred years or indefinitely.
(viii) If the lease does not appear to be for a specific
period of time.
Explanation: If a mining licence is granted through an
auction, no stamp duty is payable on any payment other
than royalty.
(b) When the lease is issued in exchange for a fee,
premium, or money advance, and no rent is set aside.
(c). If the lease is granted in exchange for a fee or
premium, or for money paid in advance of the rent
reserved.
(No.23) for a market value
equal to eight times the amount
or value of the average annual
royalty reserved.
The same duty as a conveyance
(no.23) for a market value equal
to one fourth of the whole
amount of royalty which would
be paid or delivered in respect
of the first twelve and half years
of the lease.
The same duty as a conveyance
(No. 23) for a market value
equal to three times the
amount or value of the average
annual royalty which would be
paid or delivered for the first
ten years, if lease continued so
long.
The same duty as a conveyance
(No.23) for a market value
equal to the amount or value of
such fine or premium or
advance as set forth in the
lease.
The same duty as a conveyance
(No.23) for a market value
equal to the amount or value of
such fine or premium or
advance as set forth in the
lease, in addition to the duty
which would have been payable
on such lease, if no fine or
premium or advance had been
paid or delivered :
Provided that, in any case when
an agreement to lease is
stamped with the advalorem
stamp required for a lease and a
lease in pursuance of such
14. Exemption - When a definite term is expressed and such
term does not exceed one year or when the average
annual rent reserved does not exceed one hundred
rupees, a cultivator may execute a lease for the purposes
of cultivation (including a lease of trees for the production
of food or drink) without paying or delivering any fine or
premium.
Explanation - When a lessee agrees to pay any recurring
charge, such as Government revenue, the landlord's share
of cesses, or the owner's share of municipal rates or
taxes, which is legally recoverable from the lessor, the
amount thus agreed to be paid is assumed to be part of
the rent.
agreement is subsequently
executed, the duty on such
lease shall not exceed ten
rupees.
36 Letter of allotment of shares in any firm or proposed
company, or in relation to any debt that the company or
proposed company would raise.
Rs. 2
37 - -
38 A letter of license is an agreement between a debtor and
his creditor that the later will suspend their claims for a
certain period of time and enable the debtor to conduct
business at his own discretion.
Rs. 50
39 Memorandum of Association of a company-
(a) If accompanied by articles of Association under
section-l7 of the Indian companies Act, l9l3 (VII of
l9l3), or section 26, 27 and 28 of the companies
Act, l956 (1 of l956).
(b) If not so accompanied.
Exemption - memorandum of any association not formed
for profit and registered under section 26 of the Indian
Companies Act,1913 (VII of 1913) or section 25 of the
Companies Act,1956 (1 of 1956).
Rs. 500
The same duty as leviable on
articles of Association under
Article 10, according to the
share capital of the company.
40 Mortgage deed, not being an agreement relating to
Deposit of Title Deeds, pawn or pledge (No. 6) Bond (No.
l5), Mortgage of a crop (No. 4l) Respondentia Bond (No.
56) or security Bond (No. 57):
15. (a) when the mortgagor gives or agrees to give
possession of the property or any part of the
property covered by the deed;
(b) if possession is not provided or agreed to be given
in the manner stated.
Explanation: A mortgagor who issues a power of attorney
to the mortgagee to collect rent or a lease of the property
mortgaged or a portion thereof is regarded to give
possession within the meaning of this article.
(c) Where the principal or primary security is duly
stamped, a collateral, auxiliary, extra, or
substituted security or by way of further
assurance for the above-mentioned purpose –
For every Rs. 1000/- or part thereof secured.
Exemption-
(1) Instruments, executed by persons taking
advances under the Land Improvement Loans
Act,1883 (XIX of 1883) or the Agriculturists Loans
Act, 1884 (XII of 1884) or by their sureties as
security for the repayment of such advances.
(2) Letter of Hypothecation accompanying a bill of
exchange.
The same duty as a conveyance
(No.23) for a market value
equal to the amount secured by
such deed.
The same duty as a Bond (No.l5)
for the amount secured by such
deed.
Rs. 3
41 Mortgage of a crop, including any document
demonstrating an agreement to secure the repayment of
a loan based on a crop mortgage, whether or not the crop
is in existence at the time of the mortgage:
(a) When the loan must be repaid within three
months of the instrument's date:
- For every sum secured not exceeding Rs. 200/-.
- and for every Rs. 200/- or part thereof secured in
excess of Rs. 200.
(b) If the loan is repayable in more than three
months but not more than eighteen months from
the instrument's date of issue:
- For every sum secured not exceeding Rs. 100/-
- and for sum secured not exceeding Rs. 100
- and for every Rs. 100/- or part thereof secured in
excess of Rs. 100
Re. 1
Re. 1
Re. 1
Re. 1
Re. 1
42 Any instrument, endorsement, note attestation, Rs. 10
16. certificate, or entry, other than a protest (No.5o), made or
signed by a notary public in the performance of his
responsibilities or by any other person legitimately acting
as a notary public, is referred to as a “notarial act”.
[see the protest of Bill or Note (no.50)]
43 Note or Memorandum delivered by a Broker or Agent to
his principle informing him of a purchase or sale on his
account:
(a) of any commodities worth more than one hundred
rupees.
(b) of any stock or marketable security with a market
worth of more than one hundred rupees.
Rs. 2
Subject to a maximum of Rs.50,
Re. 1 for every Rs. 10,000/- or
part thereof of the value of the
stock or security.
44 Note of protest, by the master of as ship see also protest
by the master of a ship (No. 51)
Rs. 2
45 Partition - an instrument of [as described in Section 2
clause (15)]
(a) Where the property involved in the partition has
been converted for non-agricultural purposes or
is intended for non-agricultural use
(b) Where the property involved in the partition is
agricultural land;
Provided further that there is no dispute or case
pending in any court regarding the land to be
partitioned;
(c) When the stamps required for an instrument of
partition are stamped on a final order for
effecting a partition issued by any revenue
authority or Civil Court, or an award by an
arbitrator directing a partition, and an instrument
of partition is subsequently executed in
accordance with such order or award.
Rs. 2000 for each shareholder
Rs. 100 for each shareholder.
No stamp duty chargeable
Rs. 10
46 Partnership -
(1) Partnership Instrument -
(a) If there is no share or contribution in the Rs. 1000
17. partnership, or if the contribution (paid in cash)
does not exceed Rupees 50000/-.
(b) Where the cash portion of the contribution
exceeds Rupees 50000/-.
(c) Where such a share contribution is made in the
form of property (rather than cash) OR where a
partner provides a share of his immovable
property to the partnership firm for the purpose
of colony development.
(2) Dissolution of partnership or retirement of a partner.
(a) Any immovable property brought in as a partner's
share of contribution in the partnership is taken as his
share by a partner other than a partner who brought in
such property as his share of contribution in the
partnership on dissolution or retirement of that partner.
(b) In any other case.
2% of the share contributed
subject to a maximum of Rs.
5000
2% of market value of such
property.
The same duty as Conveyance
(No. 23) on the market value of
such property.
Rs. 550
47 - -
48 Power of Attorney, [As defined by section 1(21)] not being
a proxy (no. 52)
(a) When executed solely for the purpose of obtaining the
registration of one or more documents in connection with
a single transaction or admitting the execution of one or
more of those documents;
(b) In cases or processes brought under the provincial
small causes court act, l887(IX of, 1887), or any other law
relating to Small Cause Courts in effect in any region of
the state;
(c) When authorizing one or more people to operate in a
single transaction in a situation other than that described
in subsection (a);
(d)When authorizing one or more people to participate
jointly in a single transaction and separately in multiple
transactions, or in general;
(e)When authorising more than five, but not more then
Rs. 10
Rs. 10
Rs. 20
Rs. 100
Rs. 150
18. ten persons to act jointly and severally in more than on
transaction or generally;
(f) When given for consideration and authorising the
attorney to sell or transfer any immovable property.
(f-1) When granted without compensation and
authorising the agent to sell, gift, exchange, or
permanently alienate any immovable property in
Chhattisgarh.
(a) For a period of not more than two years following the
date of execution;
(b) For a duration of more than two years from the date
of execution, or when it is irrevocable or does not purport
to be for a certain amount of time;
(c) When granted to the executants' father, mother, wife
or husband, son, daughter, brother or sister, and when it
does not profess to be for a certain period of time.
(d) In any other case.
"Explanation 1 - When more than one person belongs to
the same firm, they are treated as one person for the
purposes of this article."
"Explanation 2 - Where duty has been paid on a power of
attorney under (f) and (f-1) and a conveyance relating to
that property is executed in accordance with that power
of attorney between the executants of the power of
attorney and the person in whose favour it is executed,
the duty on conveyance shall be the duty calculated on
the market value of the property less the duty paid on the
power of attorney."
The same duty as a conveyance
under the article 23 on the
market value of the property.
Rs. 1000
The same duty as Conveyance
(No.23) on the market value of
such property.
Rs. 1000
Rs. 20 for each person
authorised.
N.B. - The term " registration"
includes every operation
incidental to registration under
the Registration Act.1908 (XVI
of 1908).
49 - -
50 Any declaration in writing made by a Notary Public or
other person legitimately acting as such attesting the
dishonour of a bill of exchange or promissory note is
known as a “protest of bill or note.”
Rs. 3
19. 51 Protest by the Master of a Ship, i.e., any declaration of the
particulars of her voyage drawn up by him with a view to
the adjustment of losses or the calculation of averages,
and any declaration in writing made by him against the
charters or the consignees for not loading or unloading
the ship, when such declaration is attested or certified by
a Notary public or other lawfully constituted person.
[see also Note of protest by the Master of a ship (No. 44)]
Rs. 3
52 - -
53 - -
54 Reconveyance of Mortgaged Property-
(a) If the consideration for which the property was
mortgaged does not exceed Rs. 1000/-;
(b) In any other case
The same duty as a conveyance
(No.23) for the market value
equal to the amount of the
consideration, as set forth in
the reconveyance.
Rs. 100
55 Any instrument (other than a release as defined in section
23-A) by which a person renounces a claim against
another person or against any specified property is
referred to as a “Release”.
(a) When they are not members of family;
(b) When they are members of family.
Explanation- For the purposes of this article, a person's
family includes his or her father, mother, husband or wife,
son, daughter, daughter-in-law, brother, sister, and
grandchildren, including son's and daughter's sons and
daughters.
The same duty as a Bond (No.l5)
for the amount of consideration
or market value of the property,
whichever is higher, on the
share over which the claim is
relinquished.
Half percent of the
consideration or the market
value of the property,
whichever is higher, on the
share over which the claim is
relinquished.
20. 56 Any instrument securing a loan on cargo laden or to be
laden on board a ship and making repayment reliant on
the cargo arriving at the port of destination is known as a
respondentia bond.
Revocation of any Trust or Settlement- See Settlement
(No.58), Trust (No.64)
The same duty as a Bond (No.l5)
for the amount of the loan
secured.
57 Security Bond or Mortgage Deed- signed by a surety to
secure the due performance of a contract or as security
for the due execution of an office, or to account for
money or other property received as a result thereof:
(a) if the amount secured is less than Rs. 5000/-;
(b) In any other cases..
Exemptions - When a bond or other document is
executed,
(a)................
(b) by any person for the purpose of ensuring that the
local revenue received from private subscriptions to a
charitable dispensary, hospital, or any other object or
public utility does not fall below a certain amount per
mensum;
(c) by persons taking advances under the Land
Improvement Loans Act,1883 (XIX of 1883), or the
Agriculturists Loans Act,1884 (XII of 1884), or their
sureties, as security for the repayment of such advances;
(d) by government officers or their sureties to secure the
proper execution of an office or the proper accounting for
money or other property received by virtue thereof.
The same duty as a Bond (No.
15) for the amount secured.
Rs. 250
58 Settlement-
A- Instrument of (including a deed of dower)
Exemption
Deed or dower executed on the occasion of a marriage
between Hohammadans.
The same duty as a bond as
(No.l5) for a sum equal to the
amount of market value of the
property settled.
Provided that, where an
agreement to settle is stamped
with the stamp required for an
instrument of settlement, and
an instrument of settlement in
pursuance of such agreement is
21. B- Revocation of -
See also Trust (No.64).
subsequently executed, the
duty on such instrument shall
not exceed ten rupees.
The same duty as a Bond
(No.15) for a sum equal to the
amount or value of the property
concerned as set forth in the
instrument of revocation, but
not exceeding fifty rupees.
59 Share warrants, to bearer issued under the Indian
Companies Act, 1913 (VII of l913) or the Companies Act,
l956 (l to l956).
Exemptions- Share warrants issued by a company in
accordance with Section 43 of the Indian Companies Act,
1913 (VII of 1913), or Section 114 of the Companies Act,
1956 (1 of 1956), have effect only upon payment to the
Collector of Stamp Revenue of -
(a) One and a half percent of the company's total
subscribed capital, or
(b) if any firm that has fully paid the duty or composition
issues an addition to its subscribed capital, one and a half
percent of the extra capital issued.
One and half times the duty
payable on a conveyance
(No.23), for a market value
equal to the nominal amount of
the shares specified in the
warrant.
60 Shipping order, for or relating to the conveyance of goods
on board of any vessel.
Re. 1
61 Surrender of lease –
(a) When the duty with which the lease is chargeable
does not exceed fifteen rupees.
(b) In any other case.....
Exemption - Surrender of lease, when such lease is
exempted from duty.
The duty with which such lease
is chargeable.
Rs. 100
62 Transfer – (Whether with or without consideration)
(a) ............
(b) of debentures being marketable securities
whether the debenture is liable to duty or not
One half of the duty payable on
a conveyance (No.23) for a
22. except debenture provided for by section-8 ;
(c) of any interest in a bond, mortgage deed, or
insurance policy:
(i) If the duty on the bond, mortgage deed, or insurance
policy is less than five rupees;
(ii) In any other case.
(d) of any property under section 22 of the
Administrator General's Act, 1963;
(e) of any trust property, without consideration from
one trustee to another or from a trustee to a
beneficiary.
Exemptions - Transfers by endorsement :-
(a) of a bill of exchange, cheque or promissory note
(b) of a bill of lading, delivery order, warrant for goods, or
other mercantile documents of title to goods;
(c) of a policy of insurance;
(d) of securities of the Central Government.
See also section 8.
consideration equal to the face
value of the debenture.
The duty with which such bond,
mortgage deed or policy of
insurance is chargeable.
Rs. 20
Rs. 30
The sum of Rs.15 or any other
amount that may be imposed
under clauses (b) and (c) of this
article.
63 Transfer of Lease - by way of assignment and not by way
of under lease.
Exemption-
Transfer of any lease exempt from duty.
The same duty as a conveyance
(No.23) on the market value of
the property which is the
subject matter or transfer.
64 Trust -
A- Declaration of - of, or concerning, any property
when made by any writing, not being a Will;
B- Revocation of or concerning, any property when
made by any instrument other than a will;
Exemption-
Charitable and religious trusts including WAKF ALAL
The same duty as a bond (No.l5)
for a sum equal to the amount
or value of the property
concerned, as set forth in the
instrument but not exceeding
five hundred.
The same duty as Bond (No.l5)
for a sum equal to the amount
or value of the property
concerned, as set forth in the
instrument but not exceeding
two hundred fifty rupees.
23. AULAD.
65 Warrant for goods,
That is, any instrument establishing the title of any person
listed therein, or his assigns, or the holder thereof, to any
goods lying in or upon any port, warehouse, or wharf,
with such instrument being signed or certified by or on
behalf of the person in whose custody such goods may
be.
Rs. 2