Supreme Court Upholds Ten-Times Penalty on Deficient Stamp Duty: N.M. Theerthegowda vs. Y.M. Ashok Kumar (2024) LEGAL ISSUE: Whether a trial court can impose a ten-times penalty on deficit stamp duty for an unstamped agreement presented as evidence, or if the document must be sent to the District Registrar for penalty determination under Section 39 […]
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 clarifies penalty for insufficiently stamped agreements: Gangappa vs. Fakkirappa (2018) LEGAL ISSUE: Whether a trial court can exercise discretion in imposing a penalty for insufficiently stamped agreements or if it is obligated to impose a penalty of 10 times the deficient stamp duty. CASE TYPE: Civil Law – Stamp Duty Case Name: Gangappa
