Query relating to partnership deed

hi.

I have attached less amt of stamp paper to my partnership deed so it is not accepted in the registrar of firms so what should i do now as the deed has already been made.

Please help at the earliest.

 

Replies (6)

You may be allowed to submit the deficit stamp duty.

You have to purchase Stamp Paper for the amount of deficiency, and attach it as a blank sheet - in the said sheet, the Registrar's office will write across the stamp paper your name by saying that it is for "Partnership Deed dated ....."

In this manner, you will be able to remove the objection

@ rajesh

Sir As per your instructions i had gone there but they say that you cannot attach the samp paper to the deed if they are six months old. Now what shall i do?

 

You have to meet with higher officers and talk to them. In your case, the Partnership Deed itself is not being registered. Only in that case the stamp paper of more than 4 or 6 months, as per the prevalent conditions in the State cannot be used. Rather in the instant case only the Partnership is being registered, on the basis of the executed document. If the document has been executed with deficient stamp paper, the deficiency can be made good by attaching the extra stamp papers. There same cannot be rejected by saying that the original partnership deed is more than 4/6 months old.

As per the S.41 of the Stamps Act, the SRO is bound to accept the deficit stamp. use the enclosed form for paying the deficit stamp.

 

Completely agree with Mr. Rajesh Sir...

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