Supreme Court: Award Valid Even If Passed After Mandate Expiry When Court Extends Time || Jharkhand HC: Regular Bail Plea During Interim Bail is Not Maintainable under Section 483 BNSS || Cal HC: Theft Claims and Public Humiliation Alone Don’t Amount To Abetment of Suicide U/S 306 IPC || Delhi High Court: Elective Surgery Does Not Bar Grant of Interim Bail on Medical Grounds || Delhi HC: Consensual Romance With Minor Nearing 18 May be Considered For Bail in POCSO Case || Delhi HC: Not Named In FIR Doesn’t Matter If Financial Links Show Active Role in NDPS Offence || Chhattisgarh HC: Rape is an Affront to Womanhood and a Brutal Violation of The Right To Life || Supreme Court: Single Insolvency Petition Maintainable Against Linked Corporate Entities || Supreme Court: Disputes are Not Arbitrable When the Arbitration Agreement is Alleged to be Forged || Supreme Court: Temple Trust Does Not Qualify as an ‘Industry’ under the Industrial Disputes Act

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 :