section I
STAMP DUTY ON INSTRUMENTS.
The Bombay Stamp (Gujarat Amendment) Act, 1963(See section 3.) (a) where the company has no capital or the nominal share capital does not exceed Two hundred Rs. 1,00,000 . . . . . . rupees. (b) where the nominal share capital exceeds Rs. 1,00,000 but does not exceed Rs. 5,00,000 One thousand rupees. (c) where the nominal share capital exceeds Rs. 5,00,000 but does not exceed Rs. 1,00,00,000. (i) on the first Rs. 5,00,000 .. . . One thousand rupees. (ii) on the next Rs. 10,00,000 or part thereof . . . . Two thousand rupees. (iii) on the next Rs. 15,00,000 or part thereof Three thousand rupees. (iv) on the next Rs. 20,00,000 or part thereof Four thousand rupees. (v) on the next Rs. 50,00,000 or part thereof Five thousand rupees. (d) where the nominal share capital exceeds Rs. 1,00,00,000 Twenty thousand rupees. Articles of association of any company not formed for profit and registered under section 25 of the Companies Act, 1956. See also Memorandum of Association of a Company (No. 39).
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