Party Can Either Pay Deficit Duty and Penalty Under Section 34 or Directly Approach District Registrar Under Section 39 to Make Instrument Admissible: Supreme Court
In a landmark judgment, a Supreme Court bench comprising Justice Hrishikesh Roy and Justice S.V.N. Bhatti has clarified the legal framework under the Karnataka Stamp Act, 1957, for making insufficiently stamped instruments admissible in court. The court ruled that parties have the option to either pay the deficit duty and penalty under Section 34 or
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