Supreme Court Allows Arbitration Despite Unstamped Agreements: Weatherford vs. Baker Hughes (2022) LEGAL ISSUE: Whether an arbitration agreement within an unstamped contract is enforceable. CASE TYPE: Arbitration Law Case Name: Weatherford Oil Tool Middle East Limited vs. Baker Hughes Singapore PTE & Other connected matters. Judgment Date: 20 October 2022 Date of the Judgment: 20 […]
Supreme Court Clarifies Stamp Duty on Agreements to Sell Without Transfer of Possession in Punjab: Vijay Kumar Goyal vs. Neena Rani (2022) LEGAL ISSUE: Determination of applicable stamp duty on agreements to sell where possession is not transferred. CASE TYPE: Civil Law – Stamp Duty Case Name: Vijay Kumar Goyal (Dead) Thr. LR. vs. Neena
Supreme Court on Land Acquisition Compensation: BSNL vs. Nemichand Damodardas (2022) Date of the Judgment: 11 July 2022 Citation: Civil Appeal No. 3478 of 2022 Judges: Justice M.R. Shah and Justice B.V. Nagarathna Can government-set “Ready Reckoner” rates be the sole basis for determining compensation for land acquired under the Land Acquisition Act? The Supreme
Date of the Judgment: 24 March 2022 Citation: [Not Available in Source] Judges: Hon’ble Mr. Justice Dinesh Maheshwari and Hon’ble Mr. Justice Aniruddha Bose Can stamp duty on a property sale be based on a valuation fixed by a Company Court, even if the auction bid was higher? The Supreme Court of India recently addressed
Supreme Court Appoints Arbitrator Despite Stamp Duty Dispute: Intercontinental Hotels vs. Waterline Hotels (25 January 2022) LEGAL ISSUE: Whether an arbitration agreement within an unstamped or insufficiently stamped contract is valid and enforceable. CASE TYPE: Arbitration Case Name: Intercontinental Hotels Group (India) Pvt. Ltd. & Anr. vs. Waterline Hotels Pvt. Ltd. Judgment Date: 25 January
Supreme Court Reduces Penalty in Stamp Duty Case: Trustees of H.C. Dhanda Trust vs. State of Madhya Pradesh (2020) LEGAL ISSUE: Whether the Collector of Stamps was justified in imposing a penalty of ten times the deficient stamp duty on a Deed of Assent. CASE TYPE: Stamp Duty Case Name: Trustees of H.C. Dhanda Trust
Supreme Court Modifies Penalty on Stamp Duty, Addresses Subsequent Purchaser Liability: M/S. MSD Real Estate LLP vs. The Collector of Stamps (2020) LEGAL ISSUE: Whether a subsequent purchaser of a property is liable for the penalty imposed on the previous owner for stamp duty deficiency, and the validity of cancelling building permissions due to outstanding
Supreme Court Clarifies Powers of Appellate Authority under Section 47A of the Indian Stamp Act LEGAL ISSUE: Scope of powers of the appellate authority under Section 47A of the Indian Stamp Act, 1899, in cases of undervaluation of property during registration. CASE TYPE: Stamp Duty, Property Valuation Case Name: The Inspector General of Registration, Tamil
Supreme Court overturns High Court order on impounding unstamped agreement: Terai Tea Company vs. Kumkum Mittal (2019) Date of the Judgment: October 22, 2019 Citation: 2019 INSC 1170 Judges: Mohan M. Shantanagoudar, J. and Ajay Rastogi, J. Can a court order the impounding of a document for insufficient stamp duty even after a decree based
Supreme Court Clarifies the Effect of Unstamped Arbitration Agreements: Garware Wall Ropes Ltd. vs. Coastal Marine Constructions & Engineering Ltd. (2019) LEGAL ISSUE: The enforceability of an arbitration agreement contained in an unstamped contract. CASE TYPE: Arbitration Law Case Name: Garware Wall Ropes Ltd. vs. Coastal Marine Constructions & Engineering Ltd. [Judgment Date]: April 10,
LEGAL ISSUE: Whether contracts for the collection of “Tehbazari” and parking fees are considered leases under the Indian Stamp Act, 1899, and therefore subject to stamp duty as leases. CASE TYPE: Stamp Duty, Contract Law Case Name: Nasiruddin & Anr. Etc. vs. The State of Uttar Pradesh through Secretary & Ors. [Judgment Date]: 06 December
Date of the Judgment: July 26, 2013 Citation: (2013) INSC 546 Judges: Justice G.S. Singhvi and Justice V. Gopala Gowda Can a sale deed be considered a lease deed for stamp duty purposes? The Supreme Court of India addressed this question in a case involving a property transfer. The core issue was whether the stamp
