M/S Bhagwan Through Bhagwan vs The State Of Madhya Pradesh on 24 January, 2020
In the
aforesaid case also a quarry lease for lifting sand was
6
THE HIGH COURT OF MADHYA PRADESH, BENCH AT INDORE
W. A. No.1235 of 2019
(M/s Bhagwan vs. State of MP & another)
granted in favour of the petitioner therein and an
agreement was executed on a 100 rupees stamp paper
and in similar circumstances, this Court has arrived at
a conclusion that the document in question as it relates
to a lease and being of the value of Rs.100 and
onwards, is compulsorily registrable u/S. 17 of the
Registration Act making the petitioner therein liable to
pay stamp duty @ 4% keeping in view the Schedule 1-
A and Article 33 of the Indian Stamp Act.
Resultantly, the Writ Petition filed by the petitioner, in
the light of the aforesaid judgment, deserves to be
dismissed.