What is the validity of an agreement on Rs 10 stamp paper

931 votes

First of all any agreement is valid on stamp paper of rupees fifty . Agreement on rupees ten is not valid. Rupees ten stamp paper is for affidavits and declarations only. However validity of the agreement does not depend upon stamp paper , it totally depends upon the tenure mentioned in the agreement. If any time limitations or tenure is not agreed in the agreement in written then it is totally upon the conditions and circumstances of the agreement. Show this agreement to a lawyer or advocate and get a consultation. An advocate if necessary can draft a fresh agreement. Do not go to the doccumentation shops because these shops do not know about law and they juat print a readymade formats by changing name and addresses. Hope you are clear.. ? If not contact us .

Advocate Varun Kumar LawRato

663 votes

The value of the agreement completely depends on what sort of agreement you have got engaged into .Therefore its very difficult to comment weather the agreement that you have executed weather its applicable or not as you have not disclosed what sort of agreement it is ?? Is it a transfer of property or some other transaction please define to get a exact revert on the same ,Please contact for any further details thanks.

Advocate Nishant Solanki LawRato

967 votes

First of all there are two types of agreement. 1.Notarized stamp paper have some legal validity. 2. Registered. In your case it is simple agreement then it doesnot have any legal validity. So there cannpt be any legal action on it.

Advocate Sonu Singh LawRato

717 votes

Dear Sir/ Ma'am,

Please note that unless a document, or an agreement, has been registered with the requisite authority, the presence or absence of stamp paper does not affect its validity.

Therefore, irrespective of the stamp paper, if the agreement was valid to begin with, it's a valid agreement subject to the provisions of Registration Act.

Advocate Nitish Chaudhary LawRato

432 votes

The validity of an agreement on a Rs 10 stamp paper in India is a common question. Here's what you need to know:

1. Validity Period: There is generally no fixed validity period for stamp papers in India. As per the Stamp Act, once a stamp paper is purchased, it doesn't expire. Stamp papers remain valid indefinitely and can be used whenever needed. This means that an agreement made on a Rs 10 stamp paper is legally valid as long as it meets all the other legal requirements.
2. Stamp Duty: It's important to ensure that the stamp duty is paid correctly when using a Rs 10 stamp paper for an agreement. The stamp duty amount varies depending on the nature of the agreement and the state in which it is executed. Failure to pay the appropriate stamp duty can render the agreement invalid.
3. Enforceability: While the stamp paper itself doesn't expire, the enforceability of an agreement may depend on various legal factors, including whether the agreement is legally binding, the terms and conditions are clear, and it complies with all relevant laws.

In summary, a Rs 10 stamp paper does not have an expiry date, but the enforceability of any agreement executed on it depends on factors like proper stamp duty payment and compliance with legal requirements.

Advocate Chikirsha Mohanty LawRato