The Supreme Court of India has upheld a High Court decision ruling that a Memorandum of Understanding (MoU) signed by both parties does not constitute a “Bond” for the purpose of stamp duty. The Bench comprising Justice Prashant Kumar Mishra and Justice Prasanna B. Varale dismissed the appeal filed by M/s Sri Lakshmi Balaji Enterprises,
MoU Signed by Both Parties Cannot be Treated as ‘Bond’ for Stamp Duty: Supreme Court
