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Section 46: PARTNERSHIP

Indian Stamp Duty (Nagaland Amendment) Act,1989State Act of Nagaland · Act 6 of 1989

A. Instrument of— The same duty as Bond (No. 15)

(a) where the capital of the Sixty-six rupees partnership does not exceed Rs. 1,000.

(b) in any other case Thirty-three rupees.

B. Dissolution of— PAWN OR PLEDGE—See Agreement relatingto deposit of Title deed, PAWN or pledge (No. 6)

48. POWER OF-ATTORNEY-(as defined by Section 2 (21) not being a proxy—

(a) when executed for the sole pur- Two rupees and fifty paise pose of procuring the registration of one or more documents in relation to a single transaction or for admitting execution of one or more such documents;

(b)when required in suits or Two rupees and fifty paise, proceedings under the presidency Small Cause Court Act. 1882;

(c) when aurthorizing one person Five rupees or more to act in a single transaction other than the case mentioned in Cl (a)

(d) when authorizing not more Twenty-four rupees and than five persons to act jointly seventy—five paise and severally in more than one transaction or generally;

(e) when authorizing more than five but not more- than ten persons to act jointly and severally in more than one Forty-nine rupeesand fifty transaction or generally; paise.

(f) when given for considerationn The same duty as a Conand aurthorizing the attorney veyance (No. 23) for the to sell any immovable proper- amount of the considera ty; tion.

(g) in any other case. Five rupees for each per son authorised.

Explanation—For the purposes of NB. :— The term “Regis the Article more persons than one tration” includes every when belonging to the same firm operation incidental to shall he deemed to be one person. registration under the In dian Registration Act 1980.

50. PROTEST OF BILL OR NOTE, Five rupees.

that is to say, any, declaration ii writing made by a Notary Public or other persons lawfully acting as such, attesting the dishonour of a bill exchange or promissory note.

51. PROTEST BY THE MASTER OF Five rupes A SHIP, that is to say, any decla ration of the particulars of her voyage drawn up by him with a view to the adjusment of losses or the calculation of averages, and every declaration in writing made by him against the characters or consignees for not loading or unloading the ship whensuch declaration is attested or certified by a Notary Public or other person lawfully acting as such.

See also Note of Protest by the Master of a ship (No. 44)

4. RECOVEYANCE OF MOR TAGAG;ED PROPERTY

(a)If the consideration for which The same duty as a Con— the property was mortgaged veyance (No. 23) for the does not exceed Rs. 1,000; amount of such considera tion as set forth in the recoveyance.

(h) in any other case. Forty-nine rupees fifty paise.

5. RELEASE, that is to say any instrument (not being such a release as is provided for by Section 23-A), whereby a person renounces a claim upon another person or against a ny specified property.

(a) if the amount or value of the The same duty as a Bond claim does not exceed Rs. (No. 15) for such amount 1,000; or value as set forth in the release.

(b) in any other case. Twenty four rupees seven- - ty five paise.

6. RESPONDENTIA BOND, that is The same duty as a Bond to say, any instrument securing a (No. 15) for the amount loan on the cargo laden or to he of the loan secured.

laden on board a ship and making repayment contingent on thearrival of the cargo at the port of destina tion.

REVOCATION OF ANY TRUST ON SETTLEMENT— See Settlement (No. 58) Trust (No. 64)

57. SECURITY BOND OR M(.)R TAAGE DEED, executed by way of security for the due execution of an office, or to account for money or other property received by virtue thereof, or executed by a surety to secure the due performance of a contract —

(a) when the amount secure does the same duty as a Bond not exceed Rs. 1,000. (No. 15) for the amount secured.

(b) in any other ease. Twenty-four rupees and seventy-five paise.

Exemptions Bond or other instrument, when executed—

(a) by headmen nominated under rules framed in accordance with the Bengal Irrigation Act.1876, Section 99, for the due performance of their duties under that Act;

(b) by any person for the purpose of guaranteeing that the local income derived from private subscriptions to a charitable dispensary or hospital, or any other object of public utility, shall not he less than a specified sum per mensem;

(c) under No. 3-A of the rules made by the Government of Bombay in Council, under Section 70 of the Bombay Irrigation Act, 1872;

(d) executed by persons taking advances under the Land Improvement Loans Act, 1883, or the Agriculturists Loans Act, 1884, or by their sureties, as securely for the repayment of such advances;

(e) executed by officers of Govt. or their sureties to secure the due executions of an office, or t he due accounting for money or other properly received by virtue thereof.

Where this provision sits

ActIndian Stamp Duty (Nagaland Amendment) Act,1989
Section46
Marginal notePARTNERSHIP
JurisdictionState of Nagaland
StatusIn force as published by the source

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