High Court of Karnataka Quashes Trial Court Order Requiring Stamp Duty and Penalty on Agreement of Sale. Court Holds That Existing Tenancy Possession Does Not Amount to Delivery of Possession Under Section 52 of Transfer of Property Act, 1882, and Stamp Duty Must be Assessed Under Article 5(e) of Karnataka Stamp Act, 1959, Not Article 20.
14 Feb 2019The dispute arose from a suit for specific performance of an agreement of sale dated 7.10.2009 filed by the plaintiff, who was a tenant in the suit pr...
