Section 55 Stamp Act, 1899 Explained: Duty on instruments executed by or on behalf of a society | Nyaya

Statutory Content

What does Section 55 of Stamp Act, 1899 say?

Where any instrument is executed by or on behalf of a society, the duty thereon shall be paid by the society, and the instrument shall not be registered until the duty has been paid. The duty shall be calculated at the rate at which it would have been payable if the instrument had been executed by a private person.

Indian StandardSection 55, Stamp Act, 1899

Bluebook (21st ed.)Stamp Act, 1899, § 55 (India)

Court Pleading StandardSection 55 of the Stamp Act, 1899

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Source: Gazette of India (Official Publication)Verify egazette.gov.in ↗

Common Questions about Section 55 Stamp Act, 1899

What is Section 55 of Stamp Act, 1899?

Section 55 of the Stamp Act, 1899 (Stamp Act, 1899) defines and regulates "Duty on instruments executed by or on behalf of a society". The section states: Where any instrument is executed by or on behalf of a society, the duty thereon shall be paid by the society, and the instrument shall not be registered until the duty has been pai...

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