Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                
Scribd Logo
Upload

Welcome to Scribd!

  • 122 views

    Stamp Act 1899

    Uploaded by

    Sudhir Sachdeva
    Sudhir Sachdeva has been serving as a Law teacher in the education industry for over 16 Years. https://www.instamojo.com/SudhirSachdeva/

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Stamp Act 1899

    Uploaded by

    Sudhir Sachdeva
    122 views5 pages
    Sudhir Sachdeva has been serving as a Law teacher in the education industry for over 16 Years. https://www.instamojo.com/SudhirSachdeva/

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Sudhir Sachdeva has been serving as a Law teacher in the education industry for over 16 Years. https://www.instamojo.com/SudhirSachdeva/

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    122 views5 pages

    Stamp Act 1899

    Uploaded by

    Sudhir Sachdeva
    Sudhir Sachdeva has been serving as a Law teacher in the education industry for over 16 Years. https://www.instamojo.com/SudhirSachdeva/

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 5

    Sudhir Sachdeva Law Classes 9999997086

    Stamp Act 1899

    CS Executive- Jurisprudence Interpretation and General Laws Page 1


    Sudhir Sachdeva Law Classes 9999997086

    Sudhir Sachdeva
    Classes
    Call 9999997086
    to Buy CA, CS, CMA Video Lectures
    in
    Pen drive / download link mode

    www.youtube.com/c/sudhirsachdeva
    https://cacscmavideoclasses.blogspot.com/

    CS Executive- Jurisprudence Interpretation and General Laws Page 2


    Sudhir Sachdeva Law Classes 9999997086

    QUESTION-1 What do you mean by instruments?


    ANSWER
    Instrument {Section • “Instrument” includes
    2(14)} • every document by which
    • any right or liability is,
    o created, transferred,
    o limited, extended,
    o extinguished or recorded.

    • An instrument includes
    o conveyances,
    o leases,
    o mortgages,
    o promissory notes and
    o wills,
    but not ordinary letters or memoranda or
    accounts.

    • An unsigned draft document


    An unsigned draft document is not an “instrument”
    (because it does not create any right, etc).

    • A letter acknowledging receipt of a certain


    sum borrowed
    o A letter which acknowledges receipt of a
    certain sum borrowed
    o at a particular rate of interest and
    o for a particular period and
    o that it will be repaid with interest on the
    due date
    o is an “instrument”.

    Case Study Ashok Kalam Capital Builders v. State


    In this case it was held that Photocopy of an agreement is NOT
    an instrument.

    Sudhir Sachdeva Classes


    Call 9999997086 to buy CA CS CMA Video Lectures
    Click for FREE Videos Lectures
    www.youtube.com/c/sudhirsachdeva
    https://cacscmavideoclasses.blogspot.com/
    CS Executive- Jurisprudence Interpretation and General Laws Page 3
    Sudhir Sachdeva Law Classes 9999997086

    QUESTION-2 WHAT IS MEANT BY CONVEYANCE?


    ANSWER
    Conveyance [Section • The term “conveyance” includes
    2(10)] • a conveyance on sale and
    • every instrument by which property
    • (whether movable or immovable)
    • is transferred during lifetime.

    • It does not include a will.

    • Thus, all transfers of property


    • whether movable or immovable,
    • on sale, are known as conveyances.
    • Examples:-
    1. Sale Deed,
    2. Exchange deed,
    3. Gift deed,
    4. Lease deed,
    5. Mortgage deed,
    6. Transfer deed etc.

    Sudhir Sachdeva Classes


    Call 9999997086 to buy CA CS CMA Video Lectures
    Click for FREE Videos Lectures
    www.youtube.com/c/sudhirsachdeva
    https://cacscmavideoclasses.blogspot.com/

    QUESTION-3 WHAT IS MEANT BY THE WORDS “EXECUTED” AND “EXECUTION”?


    ANSWER
    Executed / Execution The words

    • “executed” used with reference to instruments,


    means “signed” and
    • “execution” “means “signature”.

    • Signature includes mark by an illiterate person.


    • An instrument which is chargeable with stamp
    duty only on being “executed” is not liable to
    stamp duty until it is signed.

    CS Executive- Jurisprudence Interpretation and General Laws Page 4


    Sudhir Sachdeva Law Classes 9999997086

    Sudhir Sachdeva Classes


    Call 9999997086 to buy CA CS CMA Video Lectures
    Click for FREE Videos Lectures
    www.youtube.com/c/sudhirsachdeva
    https://cacscmavideoclasses.blogspot.com/

    CS Executive- Jurisprudence Interpretation and General Laws Page 5

    You might also like