NCLAT: Corporate Debtor’s Guarantor Liability Unchanged Despite Internal Adjustments Among Creditors  ||  NCLAT: Plea under IBC Section 7 Can't Be Restored After Corporate Debtor Pays Principal & Interest  ||  Delhi HC: Wife Can Be Denied Maintenance If She Fails To Submit Latest Salary Slips  ||  Kerala HC: Income of Parent Who Abandoned Family Shouldn’t Count For EWS Reservation Eligibility  ||  Gujarat HC: Writ Courts Interfering in Arbitral Procedure Orders Defies A&C Act’s Purpose  ||  Delhi HC: Plaintiff Doesn’t Have Vested Right to File Rejoinder under CPC  ||  J&K&L HC: Name Change Is Fundamental Right; Boards Must Consider Legal Documents, Not Reject Request  ||  SC: Administrative Delays by State Agencies Must Not Be Condoned  ||  Sc: When Sale Deed Is Void, Possession Suit Follows 12-Year Limitation under Article 65, Not Art 59  ||  SC: Preliminary Inquiry Report Can’t Stop Court from Directing FIR Registration    

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 :        

Disclaimer | Copyright 2025 - All Rights Reserved