SupremeToday Landscape Ad
Back
Next
Judicial Analysis Court Copy Headnote Facts Arguments Court observation
Listen Audio Icon Pause Audio Icon
judgment-img

2011 Supreme(All) 461

F. I. REBELLO, SATISH CHANDRA
Vipin Kumar Singh – Appellant
Versus
State of U. P. & Ors. – Respondent


The petitioner by the present petition has approached this Court challenging the demand made by the respondents to pay Stamp Duty amounting to Rs.16,100/- instead of an amount of Rs.100/- as provided in Article 57 of Schedule 1B of the Indian Stamp Act (hereinafter referred to as 'the Act') for execution of a bond/agreement to carry out the contract granted to the petitioner by opposite party no.4.

2. The petitioner is a registered contractor with the Government of Uttar Pradesh in the field of Building and Road Construction work and the Government of Uttar Pradesh has issued a licence to the petitioner, which has been renewed from time to time. The petitioner made a bid pursuant to a tender, which was accepted by letter dated 10.2.2000. The petitioner was asked to deposit security of Rs.2,29,600/- as also to execute a bond of agreement to complete the work assigned to the petitioner in accordance with the terms and conditions agreed to.

3. According to the petitioner, as per the provisions of law as contained in Article 57 of Schedule 1B of the Act, a general stamp paper of Rs.10/- is to be supplied, where the amount secured does not exceed Rs.100/-, but in any other case a stamp pa













































Click Here to Read the rest of this document
1
2
3
4
5
6
7
8
9
10
11
SupremeToday Portrait Ad
supreme today icon
logo-black

An indispensable Tool for Legal Professionals, Endorsed by Various High Court and Judicial Officers

Please visit our Training & Support
Center or Contact Us for assistance

qr

Scan Me!

India’s Legal research and Law Firm App, Download now!

For Daily Legal Updates, Join us on :

whatsapp-icon telegram-icon
whatsapp-icon Back to top