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Agreement on plain paper Agreement on plain paper

2 years ago

Is agreement written on plain paper valid? It has sign of both the parties and also signature of witnesses

Kishan Dutt Kalaskar

Responded 2 years ago

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A.Dear Sir,
It is only a supportive document but not cannot be marked unless deficit stamp duty and penalty is paid.

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Anik

Responded 2 years ago

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A.Dear Client,

An agreement made on plain paper is valid and can be used in the court as evidence, except that the court would require you to pay the stamp fee with a penalty if the nature of the agreement is such that it requires to be stamped and registered.

Section 35 [1] of the Indian Stamp Act, 1899, specifically states that a document that any person relies on to be used as evidence cannot be used as such if it is not duly stamped and unregistered. You must pay the deficit stamp duty, as well as any penalties imposed by the collecting authority, in order for it to be enforceable and valid.

Thank you

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Vaidehi Samant

Responded 2 years ago

A.Agreement on plain paper may be valid but may not be credible enough before the Court in case of any legal dispute and if the agreement pertains to anything involving immovable property than such agreement is void and invalid. Thank you.

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