Non Judicial Stamp Paper PDF Summary
Greetings to all, today we are going to upload the Non Judicial Stamp Paper PDF to assist you all. Stamp paper is an A4 (foolscap) sheet of paper that already has a revenue stamp printed on it, as seen on paper currency or postage stamps, whereas in the case of digital stamping, it does not require printing. Is. Like digital stamping, these stamp papers are often issued by the government and have denominations.
The stamped paper has traditionally been used to pay revenue on documentation that requires stamping, such as leases, agreements, receipts, court documents, and more. Apart from pre-printed stamps, papers are obtained blank and are available through stationers, lawyers’ offices, post offices, and courts following local requirements. Recently, digital stamping has emerged as a cost-effective and efficient alternative to stamp paper, primarily for the non-judicial and commercial purposes for which stamped paper is traditionally used.
Non Judicial Stamp Paper PDF- Objectives and Purposes
Even though every stamp paper has a monetary value, it cannot be considered a negotiable instrument or traded like cash notes.
Stamp papers are used to:
- Attest to the legitimacy of formal agreements
- Lease Agreements
- Buying and Selling of Property
- Business / Contract Agreements
- Loan Agreements / Financial Deals
- Power of Attorney, Affidavits, Articles of Association, Memorandum of Association
- Indemnity Bond, Declarations, Mortgages, and Gift Deeds, among others, are executed on stamp papers to make them legitimate and legally enforceable.
Judicial and Non-Judicial Stamp Papers: The Differences Within
Bindingness and judicial approval are required for any agreement to exist in a democratic nation, and for this reason, the arrangements inside an agreement between the parties are written/typed on a piece of paper having a definite legal value expressly sanctioned by the state for the purpose.
There are primarily two types of stamp paper.
- Judicial; that refers to the legal and court activity
- Non-judicial; refers to the registration of different papers, insurance plans, and so on.
You can download the Non Judicial Stamp Paper PDF by clicking on the link below.