Amendment status not verified — confirm the current text below against the official source.
The expression “includes” in the definition of "bond" by itself suggest that the definition is not exhaustive but merely illustrative. A deed containing promise to pay after certain period on demand, must be held to be a “bond” within the meaning of section 2(5) of the Stamp Act, and not a promissory note chargeable under Article 49 (b) of the Schedule to the Stamp Act. Such a document, being a bond, is therefore, chargeable under Article 15 of the Schedule to the Stamp Act, ibid —Sections 2(15), 33, 40 & 45—Simple memorandum of partition recording properties allotted to each of the parties after partition—it Is not an instrument of partition—not chargeable to stamp duty and need not be stamped—cannot be impounded for not being duly stamped. Mosst. Mango Devi vs. Muneshwar Prasad, 1983 PLUR 469.