Supreme Court Clarifies Stamp Duty on Increased Share Capital: National Organic Chemical Industries Ltd. vs. State of Maharashtra (2024)

/ Articles of Association, Bombay Stamp Act, 1958, Bombay Stamp Act, 1958 with Article 10, Bombay Stamp Act, 1958 with Section 2(l), Companies Act, 1956, Companies Act, 1956 with Section 31, Companies Act, 1956 with Section 97, Instruments

Supreme Court Clarifies Stamp Duty on Increased Share Capital: National Organic Chemical Industries Ltd. vs. State of Maharashtra (2024) LEGAL ISSUE: Whether stamp duty is payable each time a company increases its share capital, or is it a one-time payment subject to a maximum cap? CASE TYPE: Stamp Duty/Company Law Case Name: State of Maharashtra […]

Supreme Court Clarifies Stamp Duty on Increased Share Capital: National Organic Chemical Industries Ltd. vs. State of Maharashtra (2024) Read Post »