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Sunday, November 27, 2011

promissory note - no revenue stamp- void

A promissory note engrossed on a stamp paper is void. If no revenue stamp is affixed, it cannot be called as a promissory note.. Stamp Act 1899, section 2(22), section 2(23)- suit for recovery of money under a promissory note. 2011 4 KHC 393 (DB) Js Thottathil B Radhakrishnan

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