Section 4: Hundis

MP stamp rule 1942State Rules of Madhya Pradesh · 1899

(1) Hundis, other than hundis which may be stamped with an adhesive stamp under Section 11 shall be written on paper as follow, namely :-

(a) A hundi payable otherwise than on demand, but not at more than one year after date or sight, and for an amount not exceeding rupees thirty thousand in value shall be written on paper on which a stamp of the proper value bearing the word "hundi" has been engraved or embossed,

(b) A hundi for an amount exceeding rupees thirty thousand in value, or payable at more than one year after date or sight, shall be written on paper supplied for sale by the State Government, to which a label has been affixed by the superintendent of Stamps and impressed by him in the manner prescribe in Rule 11.

(2) Every sheet of paper on which a hundi is written shall be not less than 8- 5/8 inches long and 5-1/8 inches wide and no plain paper shall be attached thereto.

(3) The provision of sub-rule (1) of Rule 7 shall apply in the case of hundis.

Where this provision sits

Act	MP stamp rule 1942
Section	4
Marginal note	Hundis
Jurisdiction	State of Madhya Pradesh
Status	In force as published by the source

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