What are the important instruments under Indian Stamp Act, 1899? A. bill of exchange B. power of Attorney C. policy of insurance D. None of the Above E. All of the Above

1 Answer

Answer :

E. All of the Above Explanation: Important Instruments are agreements, conveyances, exchange, gift, Certificate of sale, deed of partition, Power of Attorney to sell immovable property when given for consideration, deed of settlement and transfer of lease by way of assignment, bill of exchange, bill of lading, debenture, letter of credit, policy of insurance, proxy, receipt and transfer of shares.

Related questions

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Last Answer : C. Indian Stamp Act 1899 (Central Act) Explanation: Issuance of stamp duty on bonds is under Indian Stamp Act 1899 (Central Act). A bond is transferable by endorsement and delivery without payment of any transfer stamp duty.

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Last Answer : c.1899

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