Bare ActsThe Indian Stamp Duty (Nagaland Amendment) Act,1989

Section 41

Amendment status not verified — confirm the current text below against the official source.

MORTGAGE OF A CROP,: including any instrument evidencing an agreement to secure the repayment of a loan made upon any mortgage of a crop, whether the crop is or is not in existence at the time of the mortgage. (a) when the loan is repayable not Forty-five paise more than three months from the date of the instrument —for every sum secured not exceeding Rs. 200; and for every Rs. 200, or part thereof secured in excess of Rs. 200. (b) when the loan is repayable Sixty paise. more than three months, but not more than eighteen months from the date of instrument — for every sum secured not ex- Seventy paise. ceeding Rs. 100; and for every Rs. 100, or part there Seventy paise. of secured in excess of Rs 100.

Section 41 – The Indian Stamp Duty (Nagaland Amendment) Act,1989 | DailyLaw.ai