Stamp duty required for poa given in form 1 ?

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Ankit sehra (Querist)
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19 December 2013 Dear Experts,

please let me know , how much stamp duty is required to make a POA for form 1 (Application or declaration for incorporation of a company), earlier we are making it on rs 20 stamp paper,, but a day ago department raise a ? please file correct poa stamp duty,

please suggest whether we should make it on 20-50-100 or 500 rs stamp paper

please suggest
Thanks in Advance

Ajay Mishra

Ajay Mishra (Expert)
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19 December 2013 If POA is signed by two person then value of Rs. 50 is enough and in case of more person are involve therein then use Rs. 100/- non judicial stamp paper.

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Ankit sehra

Ankit sehra (Querist)
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20 December 2013 Thank u so much Ajay Ji,

bur earlier we are filling it on 20 Rs Stamp papers?

is this change for the new companies act

thanks in advance

Ajay Mishra

Ajay Mishra (Expert)
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20 December 2013 You confirm that on Rs. 20 stamp paper whether two person giving or only single person giving.

Ankit sehra

Ankit sehra (Querist)
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20 December 2013 yes Ajay ji,

Ajay Mishra

Ajay Mishra (Expert)
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20 December 2013 Two or single person.

Ankit sehra

Ankit sehra (Querist)
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