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.
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