Amendment status not verified — confirm the current text below against the official source.
In the absence of an agreement to the contrary, the expense of providing the proper stamp shall be borne, — (a) In the case of any instrument described in any of the following Articles of the Schedule, namely: - No.2 (Administration Bond) No. 6 (Agreement relating to deposit of title deeds, pawn or pledge). No. 13 (Bond). No. 14 (Bottomary Bond), No. 25 *(Customs Bond or l {Central Excise Bond} No. 30 *(Further Charge). No. 32 *(Indemnity Bond). No. 37 *(Mortgage deed). No. 48 *(Release). No. 49 *(Respondentia Bond). No. 50 *(Security Bond or Mortgage deed). No. 51 *(Settlement). No. 55 *(c) (Transfer of any interest secured by a bond or mortgage deed) by the person drawing, making or executing such instrument; (b) In the case of a conveyance (including a reconveyance of mortgaged property) by the grantee; in the case of lease or agreement to lease by the lessee or intended lessee; (c) in the case of a counterpart of lease -- by the lessor; (cc) in the case of a certificate of enrolement in the roll of Advocates main tained by the State Bar Council ----------- by the advocate enrolled.) (d) in the case of an instrument of exchange ------------------by the parties in equal shares; (e) in the case of a certificate of sale ------------ by the purchaser of the pro-perty to which such certificate relates; and (f) in the case of an instrument of partition ----------- by the parties thereto in proportion to their respective shares in the whole property partitio ned, or, when the partition is made in execution of an order passed by a Revenue Authority or Civil Court or Arbitrator, in such pro portion as such authority, Court or arbitrator directs. * Substituted by Act 29 of 1969. 1. Added by Act 17 of 1967. 2. Inserted by Act 29 of 1969. * 30 A. Celling on surcharge on stamp duty- Notwithstanding anything contained in he Kerala Panchayati Raj Act, 1994 (13 of 1994) or in the Kerala Municipality Act 1994 (20 of 1994), the rate of surcharge on stamp duty leviable on any instrument by a Grama Panchayat or a Municipality shall not exceed two percent of the amount on which stamp duty is payable. CHAPTER III Adjudication as to stamps