13 February 2008
Rules under the indian stamp act 1989 hold that an existing( on the date of stamp paper ) or future debt, or the performance of an engagement(after the date of the stamp paper) only give rise to pecuniary OR ACTUAL liability . Hence if the agreement is on a date prior to date of stamp paper it does not give rise to any actionable ( in a court of law) claim .in other words it is not binding AND the force of law is absent. SIMPLY PUT NOT ENFORCEABLE EVEN IN A COURT OF LAW. R.V.RAO
04 March 2008
The agreement execution date shall not be prior to the date of Stamping. The agreement is not enforceable under Indian Contract Act and that's why the reason the agreement shall be executed on or after the date of stamping
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