Amendment status not verified — confirm the current text below against the official source.
DEBENTURES (where a mortgage debenture or not), being a marketable security transferable- (a) by endorsement or by a separate instrument of transfer- (i) where the amount or value does not exceed Rs. 10; (ii) where it exceeds Rs. 10 and does not exceed Rs. 50 (iii) Ditto 50 ditto 100 (iv) (iv) Ditto 100 ditto 200 (v) (v) Ditto 200 ditto 300 (vi) Ditto 300 ditto 400 (vii) Ditto 400 ditto 500 (viii) Ditto 500 ditto 600 (ix) Ditto 600 ditto 700 (x) Ditto 700 ditto 800 (xi) Ditto 800 (xii) ditto 900 (xiii) and for every Rs. 500 or part thereof in excess 1000 (b) by delivery (i) where the amount or value of the consideration for such debenture as set forth therein does not exceed Rs. 50 (ii) where it exceeds Rs. 50 but does not exceed Rs. 100 (iii) Ditto 100 ditto 200 (iv) Ditto 200 ditto 300 (v) Ditto 300 ditto 400 (vi) Ditto 400 ditto 500 (vii) Ditto 500 ditto 600 (viii) Ditto 600 ditto 700 (ix)Ditto 700 ditto 800 (x)Ditto 800 ditto 900 (xi) Ditto 900 ditto 1,000 (xii) and for every Bs. 500 or part thereof in excess of Rs.1000 Explanation- The term "Debenture" includes any interest coupons attached thereto but the amount of such coupons shall not be included in estimating the duty. Exemption- A debenture issued by an incorporated company or other body corporate in terms of a registered mortgage-deed, duly stamped in respect of the full amount of debentures to be issued there under, whereby the company or body borrowing makes over, in whole or in part, their property to trustees for the benefit of the debenture holders: Provided that the debentures so issued are expressed to be issued in terms of the said mortgage-deed. DECLARATION OF ANY TRUST. See TRUST (No. 64) The same duty as is payable on the original. Rs.10.00 The same duty as a Bond (No. 15) for such amount. Rs. 50.00 10 paise 20 paise 30 paise 75 paise Rs. 1 and 10 paise Bs. 1 and 50 paise Rs. I and 80 paise Bs. 2 and 25 paise Rs. 2 and 60 paise Rs. 3 Rs. 3 and 40 paise Rs. 3 and 75 paise Rs. 1 and 85 paise 35 paise 75 paise Rs. 1 and 50 paise Rs. 2 and 25 paise Rs.3 Rs. 3 and 75 paise Rs. 4 and 50 paise Rs. 5 and 25 paise Rs. 6 Rs. 6 and 75 paise Rs. 7 and 50 paise Rs. 3 and 75 paise