Agreement through Corporate Attorney at Law in Pakistan:
To resolve agreement issues through attorney at law in Pakistan or corporate lawyers in Lahore you may contact Jamila Law Associates. The document in question cannot be said to be a mortgage with possession. Section 17 provides that all instruments, chargeable with duty and executed by any person in India, shall be stamped before or at the time of execution through attorney at law in Pakistan or corporate lawyers in Lahore. Therefore, the liability to pay stamp duty arises before or at the time of the instrument's performance. Therefore, the sale deed's subsequent cancellation by a decree of the Court can have no bearing.
Section 36 of the Stamp Act:
There is no provision in the Act to the effect that in that event of cancellation of the instrument by a decree of Court, the liability to pay the stamp duty would cease. Section 36 of the Stamp Act does not apply to a copy of document or secondary evidence recorded to prove the contents of an unstamped or insufficiently stamped form." Suppose any person does not want to proceed any further than seeking the duty payable determination through attorney at law in Pakistan or corporate lawyers in Lahore. In that case, no consequence will follow, and an executed document is in the same position as an unexecuted and unstamped instrument. After determining the duty, the Collector becomes officio, and the provisions of section 33 have no application. Section 29(c) lays down that in case of a conveyance in the absence of any agreement to the contrary; the grantee shall bear the expenses of providing proper stamps.
Corporate Lawyers in Lahore:
Article 45(c) of the Stamp Act stipulates when Power-of-Attorney is given for consideration through attorney at law in Pakistan or corporate lawyers in Lahore on the market value; the property shall be levied. Said clause was incorporated to avoid the mischief as the builders, after the Power-of-Attorney, were developing plots and selling the same or constructing the building and selling the same. In this view of the matter, if the Power-of-Attorney is executed on specific considerations, the same does not defeat the provisions of the Act nor does it become arbitrary and irrational. In Akash Ali v. Nath Bank, relied on by the Assam High Court, in the decision reported in A.I.R. 1954 Assam 23, the Court was concerned with the scope and amplitude of power-of-attorney executed by a contractor in favor of the bank through attorney at law in Pakistan or corporate lawyers in Lahore.
The contractor had executed a power-of-attorney in favor of a bank embodying the arrangement between the parties. The bank agreed to advance money to the contractor on the bills' security accrued due and gave the bank the necessary authority to collect the bills. Testing it in the background of the provisions of section 130 of the Transfer of Property Act, 1882, the Court held that this power-of-attorney served the purpose of writing as contemplated by the section through attorney at law in Pakistan or corporate lawyers in Lahore. The right to the proceeds of a business is an actionable claim within the meaning of section 130. Any transaction of such a request, even by way of such security, must satisfy section 130. The section, the Court held, does not prescribe any particular form that the instrument in writing must take.