Do All Agreements Need To Be On Stamp Paper

The purpose of this requirement is to prevent one of the parties from adding a false or modified page to it at a later date. It avoids fraud in the application of contracts. It is difficult for a party to change the content of an agreement once. In the event of a change or correction, including a single word or letter, both parties must initialize at the place where they changed or corrected the word or letter and affix the company`s stamp. If the contract is signed between two people, then both parties must affix their initials and the thumbprint of each party`s thread. These parties continue to protect documents from falsification. This preventive measure will be very useful in the event of a dispute between the parties and a dispute. According to the established principle, the court can automatically verify the nudges and signatures [PLJ 2005 Lahore 1011] According to Section 10 of the Act, all agreements are contracts if they are entered into by the free consent of the parties in accordance with the treaty, against legal consideration and with legitimate good and are not explicitly cancelled here. No explanation on this scale was found by Superior Courts of Pakistan, but this principle was governed by HON`BLE JUDGE (S): MADELEY , J and reported in AIR 1943 OUDH 314, provided that „Stamp purchased more than six months ago – use of – validity. Section 54 does not prohibit the use of stamps purchased more than six months ago. Everything the P says.

54 is that after six months of purchasing the stamps, a person cannot get his money back if he has submitted it to the collector“ and the same principle was applied by the Indian Supreme Court in the case of „Thiruvengada Pillai vs Navaneethammal – Anr` Order of 19.2.2008 in the petition (Civil) 290 of 2001. decided, in paragraph 11 of the judgment, that the Indian Stamp Act 1899 does not impose an expiration date for the use of buffer paper. However, section 54 of the Act provides that a person can claim a refund of the value of the unutilized stamp paper by giving the same thing to the collector, provided it is acquired within six months. Stamp duty to qualify for a home loan: you must pay a stamp duty if you take a credit for the purchase of the property. In this case, you are required to deposit your real estate securities with the bank in addition to a company with which you mention that these securities are submitted by you on your own will to acquire the loan.

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