Supreme Court: Promotion Remains Valid Even if an Employee's Grade Pay Stays Unchanged || SC Orders Bihar Government to Remove Ganga Riverbank Encroachments in Patna Within Six Weeks || Bombay HC: Child of Single Mother Can’t be Denied RTE Quota over Deceased Father's Caste Certificate || J&K&L HC: Complaint Dismissed Before Cognisance is Not an Acquittal & is Challengeable U/S 528 BNSS || Delhi HC Acquits Man in 2006 Rape Case, Says Names Like Ram or Mohammad do Not Define Virtue || Gujarat HC: Whatsapp Forward of Fake Newspaper Clipping Not Forgery Absent Proof of Fabrication || Supreme Court tells Parsvnath Developers to Comply with Haryana RERA Orders or Face Jail || Supreme Court: Article 142 Cannot Override a Concluded and Acted-Upon Settlement Between Parties || SC Grants One-Time Relief, Allows Law Students to Take Exams Despite Attendance Shortage || SC Grants One-Time Relief, Allows Law Students to Take Exams Despite Attendance Shortage

Chief Controlling Revenue Authority v. Costal Gujarat Power Ltd. and Ors. - (Supreme Court) (11 Aug 2015)

Number of transactions, not number of documents for stamp duty

MANU/SC/0851/2015

Civil

In a case where the mortgagor borrowed from 13 banks in one instrument, the agreement fell under Section 5 of the Gujarat Stamp Act, 1958, the Court held. Though there was one instrument chronicling the transactions, the borrower had entered into 13 distinct loan agreements.

Relevant : Section 5 Gujarat Stamp Act, 1958 Act The Member, Board of Revenue v. Arthur Paul Benthall MANU/SC/0002/1955

Tags : STAMP DUTY NUMBER OF TRANSACTIONS ONE INSTRUMENT

Share :