Value of Stamp paper for Franchise Agreement
03-Apr-2023 (In Documentation Law)
I have applied an franchise of compny , company head office in Kolkata but franchise in Indore, now we have to do sign on agreement, which state stamp paper we have to use , plz suggest
AGREEMENT OF MEMORANDUM OF AN AGREEMENT:-
not other wise provided for
(A) Where the value
i) Does not exceed Rs. 5,000/- : Ten Rupees
ii) Exceeds Rs. 5,000/- but does not exceed Rs. 20,000/- : Twenty Rupees
iii) Exceeds Rs. 20,000/- but does not exceed Rs. 50,000/- : Fifty Rupees
iv) Exceeds Rs. 50,000/- : One hundred rupees.
not other wise provided for
(A) Where the value
i) Does not exceed Rs. 5,000/- : Ten Rupees
ii) Exceeds Rs. 5,000/- but does not exceed Rs. 20,000/- : Twenty Rupees
iii) Exceeds Rs. 20,000/- but does not exceed Rs. 50,000/- : Fifty Rupees
iv) Exceeds Rs. 50,000/- : One hundred rupees.
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