Validity Of Stamp Paper Agreement In Pakistan

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 them to the collector” and the same principle was applied by the Supreme Court of India in the case of `Thirngauveda Pillai vs Navaneethammal – Anr` Order of 19.2.2008 in writ 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. This arrangement can be very beneficial to you if you have purchased stamps that cost thousands, lakhs or even crores, and for some reasons you don`t need them immediately. In such cases, you can easily return your stamp papers and be refunded by the collector. But Maharashtra and Gujarat are the two states that have specific provisions that stipulate that if a stamp is not used or postponed within six months of the date of their issuance, they are considered obsolete.

Section 52B (b) of the Maharashtra Stamp Act (see here) and Section 52C of Bombay Stamp (Gujarat Amendment) Act, 2016 states that if a trademark has been purchased and is not used and certificates are not claimed within six months of, it is considered invalid. The Supreme Court of Hon`ble therefore held that Section 54 of the Indian Stamp Act does not require anyone to use it within six months and that there is no barrier to stamp paper purchased more than six months prior to use for the execution of a document or certificate. 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. Under the established principle, the court can automatically verify finger marks and signatures [PLJ 2005 Lahore 1011] However, it was taken into account that a section of the government expressed concern that the validity requirement would not stop the fraud, since a person would still have a one-year period.