Promissory notes are exempt from refugee relief stamp provisions as per the Stamp Act, leading to admissibility in evidence.

1. The plaintiff-petitioner Gurdev Singh filed the suit for the recovery of Rs.300/- on the basis of the pronote and the receipt dated July 7,1972, executed for a sum of Rs.3,000/- with interest at the rate of 1.25 per cent, per month.

2. The plaintiff alleged that the defendant after repeated demands, had re-paid a sum of Rs.2,600/- as the principal and Rs.1,100/- as the interest on June 20,1975. Thus, then, only a sum of Rs.300/- was due from him. In the written statement, the defendant denied the receipt of Rs.3,000/- from the plaintiff and also the execution of the pronote and the receipt in his favour. He also denied the re-payment of Rs.2,600/-, as alleged. The trial Court found that the pronote and the receipt, in question, were executed by the defendant in favour of the plaintiff. However, the suit was dismissed on the ground that the pronote, in question, was not duly stamped in terms of S.2(ii) of the Stamp Act, 1899 (hereinafter called the Act), as it did not bear the additional duty of the refugee relief stamp as provided by sub-secs.(1) and (2) of S.3-A of the Act. In appeal, the learned Senior Subordinate Judge exercising appellate powers affirmed the said finding of the trial Court and thus maintained the decree dismissing the plaintiffs suit. Dissatisfied with the same, he has filed this revision petition in this Court.

3. This revision petition was admitted after notice of motion on the basis of the judgment of this Court reported as Jagmail Singh V/s. Gajju Singh, 1978 Rev LR 131.

4. It has been held in the aforesaid case that a perusal of provisions of S.3-B of the Act would reveal that it expressly exempted instruments covered by Art.49 from the purview of the provisions of S.3-B. Art.49 refers to the promissory notes and a pronote is also a promissory note. So, it has to be held that the promissory note was not to bear the refugee relief stamp. In view of the said authoritative pronouncement, the pronote could not be held to be inadmissible in evidence in the present case for want of the refugee relief stamp. Once the pronote is held to be admissible in evidence, the plaintiffs suit is to be decreed.

5. Consequently, this revision petition-succeeds and is allowed. The judgments and the decrees of the Courts below are set aside and the plaintiffs suit is decreed with costs throughout.