Arf Sv 1 Sarl vs Suresh Tulsidas Bhatia on 1 April, 2024
One more objection raised by Mr.Khandeparkar is
about the Assignment Agreement not being stamped, as it ought
to have been stamped in terms of Article 5(h)(A)(iv) and this
would amount to loss to the state ex-chequer if the proceedings
on it are being initiated in State of Maharashtra. By relying upon
Section 18 of the Maharashtra Stamp Act, 1958, according to
him, since more than three months have lapsed from the
document being brought into State, and no stamp duty having
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13/49 IAL 28351-23 ARF.doc
been paid, it cannot be acted upon. He would place reliance
upon the decision of Justice G.S. Patel in case of Goldmines
Telefilms Pvt Ltd Vs Achla Sabharwal AIR 2021 Bom 184.