THE UTTAR PRADESH STAMP RULES 1942 (As Amended)State Rules of Uttar Pradesh · 1899
The valuation should be based n the market value of property wherever it is ascertainable, and not calculated in accordance with the provisions of Chapter III of the Court Fee Act. That chapter does not apply to valuations for probate or letters r administration.
268. Valuation of securities, etc. at rates current on date of application- Stocks, shares and marketable securities should be valued at the, rates current on the date of the application for probate or letters of administration.