Supreme Court · 1964 INSC 269 · Decided 26 November 1964

Board of Revenue, Uttar Pradesh v. Rai Saheb Sidhnath Mehrotra

Court
Supreme Court of India
Citation
1964 INSC 269 · [1965] 2 S.C.R. 269
Case number
CIVIL APPEAL No. 526/1962
Decided
26 November 1964
Bench
P.B. GAJENDRAGADKAR, M. HIDAYATULLAH, J.C. SHAH, S.M. SIKRI, R.S. BACHAWAT (5-judge bench)
Outcome
Dismissed
Case type
Civil
Acts & sections cited
Stamp Act Section 24, 57

Headnote

REVENUE, UTIAR PRADESH "· RAI SAHEB SIDHNAm MEHROTRA November 26, 1964 B [P. B. GAJENDRAGADKAR, C.J., M. HIDAYATULLAH, J. C. SHAH, S. M. Suw AND R. S. BACHAWAT, 11.) TM Indian Stamp Act, s. 24, Exp/anatiort--Duty whether payable on mortgage-Money pajd before conPeyance of the to pay off the mortgage debt to the Banlt the vendors entered into a contract with Ml•. Oil Corporation of India Ltd. for the sale of the mortgaged property consisting of lands, buildings, plants, machinery, shares, goodwill etc., for a sum of Rs. 5,55,000. The Chartered Bank agreed to

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