High Court of Karnataka Quashes Impounding Order in Specific Performance Suit — Stamp Duty and Penalty Cannot Be Levied Without Proper Enquiry Under Section 37 of Karnataka Stamp Act, 1957. The court held that before impounding an unstamped document, the trial court must conduct an enquiry to determine the proper stamp duty and penalty, and the order impounding without such enquiry is illegal.
29 Jun 2015The petitioners, as plaintiffs, filed a suit for specific performance of a contract based on an agreement of sale dated 25.4.2006 executed by the dece...
