57.  (Article 13) Bill of Exchange. --- The table of reductions, etc., in chapter 2 of this part should be consulted.

Unless darshni hundis are, in practice, merely presented for payment and not for acceptance , they must be regarded as on the same footing as bills as sight and bear an ad valorem stamp. It is believed that in the Punjab hundis are seldom made payable on demand , the so- called darshni hundis being ones requiring acceptance, and, therefore, being bills payable at sight. Collectors should give as much publicity as possible to the fact that samchari chittis serving the purposes of hundis or letters of credit not payable on demand are liable to stamp -–duty , and at their execution on unstamped paper will render  the writers liable to prosecution ( Punjab Stamp Circular 7, dated 10th  July 1893)

   It is also believed that Indian bankers seldom or never draw hundis in sets of two or three, after the English fashion , the usual practice being, when the original has been lost, to issue a duplicate or triplicate . In such  a case  the original should be stamped as prescribed in article 13 for bills drawn singly and the duplicate or triplicate should be stamped to the same amount as the original , up to a maximum of one rupee and eight annas under article 25. District officers should take every opportunity of explaining the rules respecting stamps on hundis to the respectable bankers in their districts, and of informing them that the reduced rates in article 13 are only applicable when the English plan of drawing bill in sets is followed.

  Indian bankers should be cautioned against the practice of drawing hundis bearing a date subsequent to that on which  they were actually drawn with the object of evading stamp duty by making them appear to be bills payable on demand; and the public should be warned that post-dated  bills are not payable otherwise than on demand , and that any person who, which fraudulent intern, post-dated bill or promissory note , or accepts, negotiates, or pays such, knowing it to be post-dated, renders himself liable to the penalty prescribed in section 68.

58.       (Article 15) Bond. - The notes to section 2(5) and article 1, paragraphs 2(iv) & 58 supra and chapter 1 of this part should be consulted .

So far as simple money bonds with penalties attached are concerned, the principal secured should be deemed to be the amount on which stamp – duty is leviable ( Punjab Circular memo . no. 7 dated 21st June 1889)

59.       (Article 17) Cancellation of instrument – An instrument which cancels a will is exempt, See table of reductions , etc., in chapter 1 of this part.

60.       (Article 18) Certificate of sale -  Section 24 should be read with this article. An endorsement by the court on the copy of a mortgage deed certifying that the plaintiff was the auction purchaser of it, is a certificate of sale under this article.

61.       (Article 23) . Conveyance.– sections 2(10) , 4,6-A and 28 and table of reductions , etc , in chapter 1 of this part should be consulted . The stamp duty on a  conveyance is properly calculated on the consideration set forth therein and not on the intrinsic value of the property conveyed .

Entries in the Cantonment House Property register are evidence of nothing except that the Government assent to the transferee named in the entry occupying the place of the transferor ; they are no evidence of title. Further, the Cantonment Executive officer ought to refuse to register any transfer unless it is evidenced by a written conveyance or bill of sale stamped under article 23 of the Stamp Act. Undisputed transfers should be recorded in the mutation register irrespective of the existence or non-existence of a written deed, but where a deed is executed, it must be stamped, Many “ agreements “ may in fact be conveyances in order to avoid proper duty..

62.       (Article 24) Copy of Extract - Section 46 and table reductions etc,. in chapter 1 of this part should be consulted, The article refers also to attested copies of documents granted by Municipal and District Board Officers. Extracts from Patwari’s registers also require to be stamped  if they bear  the certificate  of a public officer , but  not otherwise. This applies to all officers in customs, Income Tax and Salt Departments and a copy or extract issued by them is liable to stamp duty provided court-fees are not payable . (Government Of India , no. 4-F . 6-I, Stamps /25 , dated 15th October 1925,)

63.       (Article 25 ) Counterpart or  duplicate --- Notes to article 52 in paragraph 90 infra and table of  reductions, etc, in chapter 1 of this part might be read.

64.       (Article 27) Debenture  is a “ deed poll, charging certain property with the repayment of a loan advanced by a certain person therein named at a given interest “ ( wharton). Debentures issued in pursuance of a mortgage-deed are exempted from further duty;  the duty is payable once upon the mortgage deed, and not again upon separate debentures issued in conformity with it

             This provision is intended for the benefit of limited companies, and   does not apply to private persons or proprietors of estates issuing debentures-issuers will be responsible , not only for the payment of the duty on the mortgage, but also for the payment of the additional duty which is required under the existing law for debentures issued under the mortgage.

           See table of reductions , etc., in chapter 1 of this part.

74.        (Article 30) Entry as an advocate or Attorney on the roll of any High Court - This article was made applicable to advocates  on the   roll of the Punjab Chief Court by section 10(1) of the Legal Practitioners Act, 1884, But the Chief Courts having been constituted a High Court from 1st April 1919, the article now applies ipso facto. See table of reductions, etc., in chapter 1 of this part, As regards other legal practitioners the stamp on their certificates is regulated by section 25 and schedule II of Act 18 of 189\79 These certificates or licenses should be stamped before completion.

75.       (Article 31.) Exchange of property – Instrument of – When two persons mutually transfer the ownership of one thing for the ownership of another, neither thing or both thins being money, only the transaction is called and “ exchange” A transfer of property in contemplation of an exchange can be made only in manner provided for the transfer of such property by sale. (Transfer of Property Act, 4 of 1882.)

See table of reductions, etc, in chapter 1 of this part

76.  (Article 32) Further charge - Instrument of The following illustrates the distinction between a “ further charge” and a “ fresh mortgage” A having mortgaged his land to B, subsequently re-mortgaged the same land to C, the original mortgage  to B still subsisting . The second transaction is a “ fresh mortgage” and no a “ further charge”  The words “ further charge” include all cases in which the parties to the original deed desire to increase the liability to which the land is already subject . In a “further charge, “ the parties are the same as in the original mortgage deed, while in a “fresh mortgage” the parties are different.

77.  (Article 33). Gift—Instrument  - A gift is defined in section `122 of  the transfer of Property Act( 4 of 1882), as “ the transfer of a certain existing movable or immovable property made voluntarily and without consideration , by one person called the “ donor “ to another called the “donee” and accepted by or on behalf of the “ donee” such acceptance must be made during the life time of the “ donor” and while he is still capable of giving . If the “ donee” dies before acceptance the gift is void.

78.  (Article 34) Indemnity Bond - “A contract by which one party promises to save the other from loss caused to him by the  conduct of the promisor himself , or by the conduct of any  other person , is called a contract 0f  indemnity.” (Indian Contract Act, 9 of 1872, Section 142.)

79.  (Article 35) Lease. – Section 2(16), article 25 and the table of reductions and remissions in chapter 1 of this part should be consulted .A letter of written by tenant to the landlord offering to take on rent the latter’s property is also a lease for the purpose of this article.

80.  (Article 36.) Letter of allotment of shares. - This represents the acceptance  by the company of an offer to take shares. It is not evidence of land proprietary interest in the shares , and this has got to be exchanged for the share certificate which is issued at subsequent stage.

81.  (Artilce37) – Letter of credit - A letter of credit is where merchant or correspondent writes to another requesting him to credit another with a sum of money on account of the writer (Tomlin). A letter of credit is not negotiable.

82.  (Article 39) Memorandum of Association of a company - The memorandum of association of a charitable association is not liable to stamp duty” Company” does not include “ Society” registered  under Act 21 of 1860 and the memorandum of association of any such society does not require to be stamped, (Government of India no. 3518, dated 22nd July 1890)

83.  (Article 40) Mortgage-deed - The definitions of the different kinds of mortgages given in section 58 of the Transfer of Property Act may be referred to for guidance. It will be sufficient to explain here that the four classes under which mortgages in India usually fall are:- (1) simple mortgage, (2) mortgages by conditional sale , (3) usufructuary mortgages , and (4) English mortgages. These may be described as the primary varieties of Indian mortgages, But a combination of some of these forms with others gives rise to what may be called  composite mortgages. Thus , for instance,  a simple mortgage as well as  a mortgage by conditional sale may be combined with a usufructuary mortgage, and such combinations are not of unfrequent occurrence.

Generally speaking, the main difference  between a simple mortgage are that in a simple mortgage the mortgaged property remains in the possession of the mortgagor, the mortgagor incurs a personal liability and the mortgage can sue for his debt and obtain a decree entitling him to bring the mortgaged property to sale in satisfaction of his decree. A simple mortgage is called a mortgage without possession( rahn bila qabza) and a usufructuary  mortgage a mortgage with possession (rahn ba qabza). The words “ agreed to be given” imply a positive and not a conditional agreement, and cannot operate, for example , to make a bai bil-wafa (Conditional) mortgage chargeable as a conveyance, when the only agreement to give possession in the deed is not a positive agreement to give the mortgage possession as mortgage, but only an eventual and conditional agreement to give him possession as proprietor( Financial Commissioner’s letter no. 1193, dated 14th February 1880). But where the instrument gives the mortgagee unconditional power of entry and possession at his option and of retaining it until redemption, this amounts to an agreement for possession made at the time of execution and brings the instrument within clause (a) (Financial Commissioner’s letter no. 741, dated 24th January 1883.)

If a mortgage deed is executed by a mortgage, mortgagor and surety, it need be stamped only in accordance with article 40(b) , and the mere fact that there are two contracts embodied in the instrument, the one by the mortgagor and the other by the surety, does not bring the instrument with in provision of section 5 of the Stamp Act, and there is no need for an additional stamp under article 57 (b) ( 15 P.R. 1910 , F.B. Reference Commissioner, North-west Frontier Province.)

84.      (Article 42.) Notarial Act - The question of what constitutes a Notarial Act was much discussed in the Punjab in 1870; the definition given in this article leaves the matter very much as it was before, It has been held that the attestation of a power-of –attorney, by a Deputy Commissioner or other civil officer, as provided for in section 85 of the Evidence Act, is not a Natorial Act, and it cannot therefore be charged under this article, as civil officers in the Punjab are not Notaries Public, not persons lawfully acting as such, The Evidence Act does not prescribe the conditions under which a power-of – attorney is to be attested by a civil officer; it merely directs that courts of law shall “ presume that every document purporting to be a power – of – attorney , and to have been executed before and authenticated by a Notary Public, or any court, Judge Magistrate, British Consul or vice –consul , or representative of His Majesty, or of the Government of India, was so executed and authenticated.”

           The law therefore does not require civil officers to make such attestation; but if they are desired, there can be no objection to their making them or to the levy, under executive orders, of a fee for the service performed. Any fee so levied should credited as stamp revenue(Letters nol1539,dated 10th march 1870 , and no. 4445, dated 29th October 1870, from the government of India, Finance Department, to the Secretary to Government, Punjab). All civil officers are to act upon this ruling; the fee is one rupee (now Rs. 2) to be levied by means of a notarial stamp , to be affixed to the certificate of attestation (Punjab Government letter no. 224 , dated 26th January  1886). It is common practice for lawyers and others to present such powers – of –attorney , etc,. for attestation by magistrates See also note to article 48, paragraph 88 infra.

           On a question which arose a s to the attestation by civil officers of power-of –attorney, drawn in England, and sent out to India for execution , the Financial Commissioner ruled as follows:-

           “The Financial Commissioner is unable to decide whether the attestation of a deed by a Justice of the Peace will be held in England to be sufficient. As a rule , English Courts no doubt consider the attestation of a Justice of the peace sufficient, and there can e no possible objection to a Deputy Commissioner or other Justice of The Peace attesting a deed, If ,  however, in the case of any particular instrument , the person who wishes to execute it doubts the validity of an attestation by a  Justice of the Peace, it is for the person interested to find out from his lawyer at home what officer should be asked to attest the execution . It is impossible for the Financial Commissioner to decide what authority will be recognized by English courts; and such decision, if it were made, could not be binding on the courts.” (Financial Commissioner’s letter no. 7369,dated 29th October 1885.)

           The acts of Notaries Public appointed under the Negotiable instrument Act must of course be charged under this article .

           In their circular memo. No. 12/4639-G., of the 14th December 1898, the Judges of the Chief Court observed, that in some districts of the Province a notarial stamp of one rupee ( now Rs. 2) is caused by presiding officers to be affixed to powers-of attorney produced by attorneys appearing in civil criminal cases in their courts for attestation , in addition to the court-fee stamp . As the practice is quite unauthorized, they direct that no extra fee be levied for attestation by the court in which the power-of – attorney is to be used.

84.  (Article 45).  Partition,  --Instrument of. - Note to section 2(15) , paragraph 2 (X) supra might be read. It is the smaller share that are separated from the smaller at whichever partner’s instance a partitions takes place the Following example will also explain :-

For equal shareholders each having four anna share agree to partition . The duty is levied on 12 annas of the value of the whole property.

           Of three share holders having respectively shares of one half, one third and one sixth ., two apply to have their shares partitioned off. The duty is levied on half the value of the property .

           One share holder having two-thirds of property obtains separtion from the remainder, who hold jointly one – third and who desire to continue to hold their share jointly, The duty is levied on one – third of the value of the property.

           The parties to an application for partition should be called upon to deposit in court the amount of stamp-duty . As to the proportion of duty leviable from them the provisions of duty leviable form them the provisions of section 29 (g) of the Act should be consulted . The value of the land must be stated in the papers ( section 27) , and should be the market value, and the collector has power to determine the proper stamp ( Financial Commissioner’s Book Circular  no.V, dated 15th  March  1880) The value of the stamp to be fixed to the final order should be deposited in cash, together with the costs of the partition itself , at the time when the proceeding regulating the partition is recorded by the investigating officer in the presence of  the parties and when the partition is complete and the period of appeal  has passed, the necessary stamp should be purchased and affixed to the partition order ( Financial Commissioner’s Book Circular no. XVI,dated 6th August 1880). The stamp paper purchased with the money lodged by the person or person concerned in the partition should be simply field with the proceedings after being cancelled in the usual way, and an entry made on it of the case to which it belongs, (Financial Commissioner’s Book circular no. XX, dated 1st October 1880)

85.  (Article 46) Partnership -- “Partnership” is the relation which subsists between persons who have agreed to combine their property, labour, or skill in some business and to share the profits thereof between them . Persons who have entered into partnership with one another are called collectively a “ firm” ( Indian Contract Act, 9 of 1872­). An instrument regulating the terms on which the management of a business is to be carried on is a deed of Co-partnership.

86.  (Article 47) Power of Attorney. -  See section 30 and table of reduction , etc., in chapter 1 of this part should be consulted . there is no objection to two or more persons jointly executing a general power—of –attorney to one and the same individually, provided there is community of purpose between the persons so executing the instrument, although inter se they mat have separate  interests and liabilities, Thus a power-of –attorney by all the members of a mutual insurance club, nominating as attorney to execute policies, requires a single stamp. The point to be regarded in such cases is , have the parties executing the instrument a common object or purpose? When this can be shown, a single stamp will be sufficient, but where the appointment is made for the purpose of protecting or carrying out entirely separate and distinct interests, a single stamp would not be sufficient.

Clause (a). A power of attorney stamped with a stamp of rupee one is sufficient to cover all the operations under the Indian Registration Act.

89.      ( Article 49)  Promissory Note - This article was amended as it now stands by Government of India Act 43 of 1923, It was sought to enhance the duty on all promissory notes, but a concession was made in favour of the “ small man” in view of the fact that these promissory notes, if insufficiently stamped or not stamped in the first instance , cannot be validated afterwards. Act 11 of 1926 was also enacted to validate certain promissory notes which erroneously  but in good faith wee stamped with postage stamps of two annas and four annas.

90.       (Article 52) Proxy.--- This article provides for the stamping of proxies for use at a meting of a company , but makes no provision as regards proxies for use at meeting of creditors.

The letter would apparently require to be stamped under article 48 as a  power –of –attorney to perform a single act.  It necessitates execution of a creditor’s proxy form on stamped paper or presentation of the form for affixing an impressed stamp . This distinction is not generally known with the result that many proxy forms signed by creditors are incorrectly stamped, and are therefore inadmissible at meetings at which they are offered, See article 48 , section 62(I)(c) and table of reductions etc., in Chapter 1 of this part.

91.       (Article 53) Receipt – See section 2 ( 23).  A letter sent by post acknowledging the  arrival of a remittance exceeding twenty rupees in amount would require an anna stamp, and if unstamped would not be a valid acquittance, unless the remittance was charitable subscription or other payment without consideration, or unless it fell under any of the exemption made in the article, or had been specially exempted under section 9 . Receipt does not include an advertisement . Receipts drawn on account of cantonment or other local funds are not exempt from stamp-duty ( Civil Account Code, Volume I, chapter I, paragraph 11.) . The acknowledgment taken from a decree holder when he has been placed in possession of immovable property in execution  of a decree ( dakhal-nama ) does not require a stamp.  The general receipt  given by the head of an office on the back of noted that when a receipt is granted in duplicate, the duplicate must also bear a stamp . See table of reductions, etc., in  chapter 1 of this part, A receipt given by a stamp vendor on a voucher  in form A. & T. 349 is also no exempt from stamp-duty.

92.       (Article 55) Release - Where a mortgage of land with possession  executes a document transferring his rights over the property to the mortgagor that document would usually be liable to be stamped as a reconveyance if the original mortgage deed had been a mortgage by conditional sale. In all other cases it would be liable to be stamped as a release ( Bom. Registration Manual). It is not uncommon that deeds of release are executed which are in fact deeds of partition .

93.       (Article 56) Respondentia Bond .- A Respondentia bond differs from a Bottomry bond in that in the former case the cargo is mortgaged while in the latter the vessel is mortgaged.

94.       (Article 57) Security bond – a decree-holder is allowed to recover the decretal amount on giving security pending an appeal to the Privy Council and in compliance with this order pledges a house, The deed is governed by article 57( Financial Commissioner’s no. 591-274-4, dated 10th February 1919). Security bonds presented to a court in pursuance of an order passed under the provisions of Code of Civil Procedure or Criminal Procedure , which should be stamped under this article, are also liable to court-fees under article 6, schedule II, Court- fees Act.

95.       (Article 58 ) Settlement – instrument of. – A deed  disinheriting an elder  is a will ( Financial Commissioner’s  letter no. 591-271-3, dated 18th may , 1917).

96.       (Article 62) Transfer. - This article applies whether the transfers are with or without consideration. If it were not so it might be considered that a transfer without consideration was a gift (article 33) and as such liable to a higher rate of duty, The article has no application to “ debentures payable to bearer” nor to transfers not mentioned in it, which would come under article 23 or 33.The table of reductions , &c., in chapter 1 of this part should be seen

97.       (Article 63) Transfer of lease – Under lease is a grant by a lessee to another of a part of his whole  interest under the original lease, reserving to him self a reversion; it differs from a assignment, which conveys  the lessee’s whole interest, and devolves upon the assignee the responsibility of the covenants in the original lease ( Wharton).

98.       (Article 64) Trust. – A trust is an obligation annexed to the ownership  of property , and arising out of a confidence reposed in and accepted by the owner, or  declared and accepted by him for the benefit of another, or of another and the owner ( Indian Trust Act 2 of 1882, section 3) . The distinction between a power and trust is marked. The former is never imperative , the later is always Imperative , For exemption see the table of reductions , etc., in chapter 1 of this part.

99.       (Article 65) Warren for Goods – A delivery order ( article 28 ) differs from a warrant for goods in that it is signed by or on behalf of the owner of the goods, as opposed to the person in whose custody they are.

100.         The following table shows the kinds of stamps to be used on the instruments chargeable with duty under Stamp Act:-

 

Number of Article according to Schedule I or I-A

Description of instrument

Kind of stamp to be used

Reference to section of the Act or the Indian stamp Rules (See Chapter I of this part) 1925

1

Acknowledgement

1. Adhesive Revenue

Section 11 and Rule 16

2. Coloured impression

Rule 8

2

Administration Bond

1. Impressed Sheet

Rule 6

2. Impressed label

Rule 10

3

Adoption deed

1. Impressed sheet

Rule 6

2. Impressed label, if engrossed on parchment and written in the English style, so that in the opinion of the officer empowered to affix labels, the document could not conveniently be written on an impressed sheet

Rule 10 (ii)

4

Affidavit

1.Impressed sheet

Rule 6

2. Impressed label

Rule 10 (i)

5

Agreement or memo of an agreement

Clause (a)

1.Adhesive bearing the word ‘Agreement’

Rule 17 (f)

2.Coloured impression

Rule 8

3.Impressed label

Rule 10 (ii)

Clause (b)

1. Adhesive ‘Revenue’

Section 11 and rule 16

2.Adhesive bearing the word ‘Agreement’

Rule 17 (f)

3. Impressed sheet

Rule 6

Clause (c)

1. Impressed sheet

Rule 10 (ii)

2. Impressed sheet

Rule 6

6

Agreement relating to deposit of title deeds, pawn or pledge

1.Impressed sheet

Rule 6

2.Impressed  label

Rule 10(i)

7

Appointment in execution of a power

1.Impressed sheet

Rule 6

2. Impressed label

Rule 10(i)

8

Appraisement  or Valuation

1. Impressed sheet

Rule 6

2. Impressed label

Rule 19(ii)

9

Apprenticeship Deed

1. Impressed sheet

Rule 6

2. Impressed label

Rule 10 (ii)

3. Impressed label only if executed out of British India

Rule 12 (i)

10

Articles of Association of a Company

1.Impressed sheet

Rule 6

2. Impressed label

Rule  10  (i) and 12 (i)

11

Articles of Clerkship

1.Impressed sheet

Rule 6

2. Impressed label

Rule 10(i)

12

Award

1. Impressed sheet

Rule 6

2. Impressed label

Rule 10 (ii)

13

Bill of Exchange-

Clause (a)

Impressed sheet with or without the word ‘Hundi’ engraved or embossed thereon

Rule 5

Clause (b)

Impressed  label

 

Rule 10 (ii)

Clause (c)

Adhesive, if drawn in sets and the stamp duty does not exceed one anna for each part of the set

Rule 13

 

Clause (d)

Impressed sheet (hundi) for hundis payable at not more than one year after date of sight, and for amount not exceeding Rs. 30,000 in individual value

Rule 4 (a)

Clause (e)

Government paper duly affixed with label for hundis for amount  exceeding Rs. 30,000  and for hundis payable at more than one year after date or sight.

Rule 4 (b)

If drawn out of British India

Adhesive (Foreign Bill)

Rule 17 (a)

14

Bill of Lading

1.Impressed sheet

Rule 6

2.Impressed label

Rule 10 (i)

15

Bond

Bottomry Bond

1. Impressed sheet

Rule 6

16

2. Impressed label

Rule 10 (ii) and 12 (i)

17

Cancellation-Instrument of

1. Impressed sheet

Rule  6

2. Impressed  label if written in European language

Rule 10 (ii)

18

Certificate of sale

1. Impressed sheet

Rule 6

2. Impressed label

Rule 10(ii)

19

Certificate or other document

1. Adhesive

Rule 13

2. Coloured impression

Rule 8

20

Charter Party

1. Impressed sheet

Rule 6

2. Impressed label

Rule 10 (i)

21

Omitted

 

 

22

Composition Deed

1. Impressed sheet

Rule 6

 

2. Impressed label

Rule Rules 10 (ii) and 12 (i)

23

Conveyance

1. Impressed sheet

Rule 6

2. Impressed sheet if written in European language

Rule 10 (ii) and 12 (i)

24

Copy or Extract

1. Adhesive court fee label obligatory in the case of copies certified to be true copies

Rule 17 (e)

2. Impressed sheet for other purposes

Rule 6

25

Counterpart or Duplicate

1. Impressed sheet

Rule 6

2. Impressed label for counterpart of such instruments as require impressed labels

Rule 10 (i) and (ii)

26

Customs Bond

1.Impressed sheet

Rule 6

2. Impressed label

Rule 10 (ii) and 12 (i)

27

Debenture-

Clause (a)

 

1. Impressed sheet

 

Rule 6

Clause (b)

2. Impressed label if written in European language

Rule 10 (ii) and 12 (i)

28

Delivery order in respect of goods

1. Adhesive Revenue

Section 11 (a) and Rule 16

2. Coloured impression

Rule 8

29

Divorce

1. Impressed sheet

Rule 6

2. Impressed label if written in European language

Rule 10(ii)

3.. Impressed label if any executed out of British India

Rule 12 (i)

30

Entry as an Advocate or Attorney on the Roll of any High Court

Impressed label bearing the word Advocate

Section 11 © and Rule (e)

31

Exchange of Property

1.Impressed label

Rule 6

2. Impressed label if written in any European language

Rule 10 (ii)

32

Further Charge-Instrument of

1. Impressed sheet

Rule 6

2. Impressed label if written in any European language

Rule  10 (ii)

33

Gift-Instrument of

1. Impressed label

Rule 6

2. Impressed label if written in any European language

Rule 10 (ii)

34

Indemnity Bond

1. Impressed sheet

Rule 6

2. Impressed label

Rule  10 (ii) and 12 (i)

35

Lease

1. Impressed sheet

Rule 6

2. Impressed label if printed or lithographed in an oriental language when the written matter filed in does not exceed one fourth of the printed matter

Rule  10(i)

36

-Letter of allotment of shares

-Letter of Credit

1. Adhesive

Rule 13

37

2.Coloured impression

Rule 8

38

Letter of License

1. Impressed sheet

Rule 6

2. Impressed label if written in European language

Rule 10 (ii)

39

Memorandum of Association of a Company

1. Impressed sheet

Rule 6

2. Impressed label

Rule 10 (i)

40

Mortgage Deed

1. Impressed sheet

Rule 6

2. Impressed label if written in European language

Rule  10 (ii)

41

Mortgage of a crop

1. Adhesive Revenue

Section 11 (a)

2. Coloured impression

Rule  8

3. Impression sheet

Rule 6

4. Impressed label

Rule 10 (i)

42

Notarial Act

Adhesive foreign bill stamp bearing the word ‘Notarial’

Section 11 (d) and Rule 17 (d)

43

Note or memorandum by a broker or agent-

 

Clause (a)

1. Coloured impress

Rule 8

2. Adhesive label bearing the word ‘Brokers’ Note’

Rule 17 (f)

Clause (b)

1. Adhesive ‘Revenue’

Section 11 (a)

2. Coloured impression

Rule 8

3. Adhesive label bearing the word ‘Brokers’ Note.’

Rule 17 (f)

44

Note of Protest by a Master of a ship

1. Impression sheet

Rule 6

2. Impressed label

Rule 10 (i)

45

Partition-Instrument of

1. Impression sheet

Rule 6

2. Impressed label if written in any European language

Rule 10 (ii)

46

Partnership

1. Impression sheet

Rule 6

2. Impressed label if written in any European language

Rule 10 (i)

3. Impressed label  only if executed out of British India

Rule 12 (i)

47

Policy of Insurance

1. Adhesive

Section 11, Rule 13 (e) and 17 (g)

2. Coloured impression

Rule 8

48

Power of Attorney

1.. Impression sheet

Rule 6

2. Impressed label if written in any European language

Rule 10 (ii)

 

 

3. Impressed label  only if executed out of British India

Rule 12 (i)

49

Promissory Note

3. Impression sheet

Rule 6

Clause (a)

Adhesive ‘Revenue’ coloured impression

Rule 16

Clause (b)

The same as for Bill of Exchange (Article 13)

Rule 8

50

Protest of Bill or Note by a Notary Public

Adhesive foreign bill stamp bearing the word ‘Notarial’

Section 11 (d) and Rule 17 (d)

51

Protest by the Master of a ship

1. Impression sheet

Rule 6

2. Impressed label

Rule 10 (i)

52

Proxy

1. Adhesive

Rule 13

2. Coloured impression

Rule 8

53

Receipt

1. Adhesive Revenue

Section 11

2. Coloured impression

Rule 8

54

Reconveyance of mortgaged property

1. Impression Sheet

Rule 6

2. Impressed label if written in any European language

Rule 10 (ii)

55

Release

The same as for a bond (Article 15)

 

56

Respondentia Bond

Ditto

 

57

Security Bond

Ditto

 

58

Settlement

1. Impression Sheet

Rule 6

2. Impressed label if written in any European language

Rule 10 (ii)

59

Share warrant

1. Impression Sheet

Rule 6

2. Impressed label

Rule 10 (i)

60

Shipping Order

1. Adhesive Revenue

Section 11 (a)

2. Coloured impression

Rule 8

61

Surrender of lease

1. Impression Sheet

Rule 6

2. Impressed label

Rule 10 (ii)

62

Transfer , Clauses (a) and (b)

 

 

(1) If transfer by endorsement of shares of public companies and associations

Adhesive stamp bearing the word ‘share transfer’

Section (e) and Rule 17 (b)

(2) Otherwise

Impressed sheet

Rule 6 and 14

Clauses (c), (d) and (e)

1. Impressed sheet

Rule 6

2. Impressed label if written in any European language and the duty exceeds Rs. 10

Rule 10 (ii)

63

Transfer of Lease

The same as for Conveyance (Article  23)

..

64

-Trust

-Warrant for goods

1. Impressed Sheet

Rule 6

65

2. Impressed label

Rule 10 (i)

 

 

 

FINANCIAL COMMISSIONERS’ OFFICE PUNJAB

CORRECTION SLIP NO. 194 DATED LAHORE THE 22ND NOVEMBER 1945

Punjab stamp Manual 1934

Part I-B, Chapter 3, Page 38.

           Against Article 24 for item 1 in column 3 of the table in paragraph 100 substitute the following:

1.        Adhesive court fee label obligatory in the case of –

(a)              copies of maps or plans

(b)             printed copies

(c)             copies of or extracts from registers given on printed forms

(d)             copies of records of the Courts and offices under the control of the High Court of Judicature at Lahore, other than the records of judicial proceedings certified to the true copies

(e)              printed Central Excise Bond forms to be executed under the Central Excise Duty Rules 1944.

 

 

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