A chargeable instrument bears the Deputy Commissioner's endorsement of full stamp duty under section 32…
Under section 32(3), the endorsed chargeable instrument is treated as duly stamped, subject to Chapter VI. It may be received in evidence, acted on and registered as if…
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A chargeable instrument bears the Deputy Commissioner's endorsement of full stamp duty under section 32 of the Karnataka Stamp Act, 1957. No order under Chapter VI affects the endorsement. What is its effect as regards stamping?
Answer and explanation
Correct answer B
Under section 32(3), the endorsed chargeable instrument is treated as duly stamped, subject to Chapter VI. It may be received in evidence, acted on and registered as if originally duly stamped. Other admissibility and registration requirements still apply.
Option feedback
Option A
Section 32(3) addresses receipt in evidence as well as registration.
Option B
The endorsement gives the chargeable instrument the same stamp-law status as an instrument originally duly stamped.
Option C
The statutory deeming rule addresses the stamp objection, subject to orders under Chapter VI.
Option D
Section 32(3) does not limit the instrument's evidentiary use to collateral matters.
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Karnataka Higher Judicial Service