When any instrument of transfer of shares in a Company or association is written on a sheet of paper on which stamps of the proper value is engraved or embossed, and value of the stamp so engraved or embossed is subsequently in consequences of a rise in the value of such shares, found to fall short of the amount of duty chargeable under Article 62 (a) of Schedule I, one or more adhesive stamps bearing the words "Share Transfer" may be used to make up the amount required.
Section 15: Supply of deficient duty on transfer of share
MP stamp rule 1942State Rules of Madhya Pradesh · 1899
Where this provision sits
| Act | MP stamp rule 1942 |
|---|---|
| Section | 15 |
| Marginal note | Supply of deficient duty on transfer of share |
| Jurisdiction | State of Madhya Pradesh |
| Status | In force as published by the source |
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