'Stamp Duty Cannot Be Levied On Contract Security': Allahabad HC Raps State Govt For Ignoring Previous Judgments [Read Order]

In a recent judgement, the Allahabad High Court rapped the state authorities for overlooking a trite law that stamp duty cannot be levied on contract security. "This issue had arisen before this Court before one and a half decades but it appears that the authorities concerned have not shown that the said decision is binding on them as a similar issue came before this Court before...