Legal Question in Banking Law in India

In case of Hypothecation agreement ( to be executed at Bank) is there is any ceiling for payment of Stamp duty as per Maharashtra Stamp Act


Asked on 6/23/15, 7:11 am

1 Answer from Attorneys

Fca Prashant Chavan Expert Edge LLP

23.06.2015

Dear Sir / Madam,

The legal department of the Bank will tell you the nominal value of stamps to be affixed on the hypothecation agreement.

Regards,

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Answered on 6/23/15, 9:57 am


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