Court Rules Stamp Duty Inapplicable On Family Members Who Ceased To Be Co-Sharers In Property Before Executing Partition Memo: Allahabad High Court
In a significant ruling delivered on 20.09.2024, the Allahabad High Court addressed the complexities surrounding the registration of a family settlement and the application of the Indian Stamp Act, 1899. This case involved Somansh Prakash and eight others as petitioners against the State of U.P. and three others. Case Overview: The writ petitions, Writ-C No. 5229 of 2021 and Writ-C No. 4980 of 2021, were decided together due to the…