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[Cites 0, Cited by 22] [Section 2] [Entire Act]

Union of India - Subsection

Section 2(16B) in The Indian Stamp Act, 1899

(16B)"market value", in relation to an instrument through which -
(a)any security is traded in a stock exchange, means the price at which it is so traded;
(b)any security which is transferred through a depository but not traded in the stock exchange, means the price or the consideration mentioned in such instrument;
(c)any security is dealt otherwise than in the stock exchange or depository, means the price or consideration mentioned in such instrument;]