Bombay High Court Allows Petition Against Deficit Stamp Duty Demand Under Bombay Stamp Act, 1948 — Conveyance Deed Not Chargeable Under Section 25 as Mortgage Deed. The court held that a deed of conveyance mentioning an existing mortgage does not become a mortgage deed under Section 25 of the Bombay Stamp Act, 1948....
The petitioner, Universal Ferro & Allied Chemicals Limited, a company incorporated under the Companies Act, 1956, filed a writ petition under Articles 226 and 227 of the Constitution of India challeng...




