The stamp paper do not have any EXPIRY period. The stipulation period of 6 months is only for seeking refund of the value of the Stamp paper and NOT of it’s use. There is no IMPEDIMENT FOR A STAMP PAPER PURCHASED MORE THAN 6 MONTHS PRIOR TO THE DATE OF EXECUTION TO BE USED FOR DOCUMENTATION.
What is the validity of 200 RS stamp paper?
as on the date of your question any sale agreement on 200 Rupees stamp paper is not valid. if you enter into sale agreement with anybody without taking possession then you have to pay 0.5% of the consideration amount which will be deducted at the time of executing the sale deed.
What is non judicial stamp paper in India?
Non-Judicial Stamp Paper
Traditional stamp paper or non-judicial stamp paper is used for sale deeds, transfer of immovable property, affidavits, agreements, deeds, wills, etc. for executing the said documents in States across India.
What is the validity of bond paper?
The only restriction for a stamp paper is prescribed under section 54 of the Indian Stamp Act. Section 54 provides that an allowance for stamp paper, which is not spoilt or rendered useless or unfit but is not in the immediate use of its purchaser, may be sought for by the purchaser within six months of its purchase.
Can I use a 20 RS stamp paper for an agreement of 5 lakh rs?
5 lakhs for selling the house. It was written in the agreement that the buyer should settle the remaining amount (i.e.60 lakhs) within 3 months from the date of giving advance money (16.06. 2008). … The agreement of sale on Rs 20/- stamp paper is invalid.
Is stamp paper a legal document?
Agreements made on white paper are valid. so an agreement made on 100 rupees stamp paper can surely be valid if it fulfills all other conditions under the law and as per the law. But, if the agreement requires to be stamped and registered then it cannot be used as an evidence of proof before a Court of law.
Can we write on both sides of stamp paper?
A2A. Yes you can write on both sides of a non judicial stamp paper. There is no restriction in this respect.
What is the difference between judicial stamp paper and non judicial stamp paper?
Stamp papers which would be used in courts like for payment of court fees is Judicial stamp paper. Stamp papers which would be used for execution of documents are called non judicial stamp papers. Something which has relation to the administration of justice, judicial papers/stamps are used.
What is difference between affidavit and stamp?
An affidavit is a written statement of fact voluntarily made by the person under an oath or affirmation before a person authorized by law. An affidavit to be valid has to be executed on Stamp paper or duly stamped otherwise and has to be notarised by a Notary public or commissioner of oaths.
What is difference between stamp paper and stamp duty?
In short, its objective is to determine everything is true and genuine on the document. Stamp duty is a legal tax payable in full and acts as an evidence for any financial transaction such as sale or purchase of a property. Stamp paper must be purchased in the state where the document is executed.
What if sale agreement is not registered?
If the sale deed not registered then it doesnot have a validity. Though it can be taken as evidence under section 49 of Registration Act as a proof of valid contract. If the son is not agreeing file a declaration suit in civil court for declaring title of the land. Under registered sale deed is not valid.
Can we make backdated agreement on current date stamp paper?
NO you cannot back date a agreement on stamp paper of todays date. that would just make the agreement void. The stamp paper can only be used for an agreement executed post the same has been issued. However an agreement can be a memorandum of any understanding oprative in the past present or the future.
Does affidavit expire?
A notarized document like an affidavit is valid for its contents up to infinity. … Therefore, these affidavits will not expire because there is no expiry date for the affidavits that has signature properly and publishes with accurate evidence. There is no period of validity to an affidavit.