Supreme Court Clarifies Stamp Duty on Consent Decrees in Property Disputes: Mukesh vs. State of Madhya Pradesh (2024) LEGAL ISSUE: Whether stamp duty is applicable to a consent decree that recognizes pre-existing rights over immovable property. CASE TYPE: Property Law, Stamp Duty Case Name: Mukesh vs. The State of Madhya Pradesh & Anr. Judgment Date: […]
Supreme Court Clarifies Stamp Duty on BOT Toll Agreements: Rewa Tollway vs. State of Madhya Pradesh (2024) LEGAL ISSUE: Whether a Build, Operate, and Transfer (BOT) agreement for road construction, where toll collection rights are granted, constitutes a “lease” under the Transfer of Property Act, 1882 and the Indian Stamp Act, 1899. CASE TYPE: Civil
Supreme Court Allows Stamp Duty Refund Despite Technicalities: Bano Saiyed Parwaz vs. Chief Controlling Revenue Authority (2024) LEGAL ISSUE: Whether a refund of stamp duty can be denied on technical grounds when a conveyance deed is not executed due to fraud by the vendor. CASE TYPE: Civil Appeal Case Name: Bano Saiyed Parwaz vs. Chief
Supreme Court Clarifies Stamp Duty on Court Auction Sales: Registrar of Assurances vs. ASL Vyapar (2022) LEGAL ISSUE: Whether the Registering Authority can assess market value of a property sold through court-monitored public auction for stamp duty purposes. CASE TYPE: Property Law, Stamp Duty Case Name: Registrar of Assurances & Anr. vs. ASL Vyapar Private
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
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 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 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 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
