Section 15 of the Indian Stamp Act, 1899 – Instrument written contrary to section 13 or 14 deemed unstamped

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Section 15: Instrument written contrary to section 13 or 14 deemed unstamped

BOND as defined by section 2(5) not being a DEBENTURE and not being otherwise provided for by this Act, or by the Court Fees Act, 1870 (7 of 1870)— Where the amount or value secured does not exceed Rs. 10; Thirty-two naye paise. Where it exceeds Rs. 10 and does not exceed Rs. 50; Forty-four naye paise. Where it exceeds Rs. 50 and does not exceed Rs.100; Ninety-four naye paise. Where it exceeds Rs. 100 and does not exceed Rs.200; Two rupees and thirty-two naye paise. Where it exceeds Rs. 200 and does not exceed Rs.300; Three rupees and fifty-six naye paise. Where it exceeds Rs. 300 and does not exceed Rs.400; Four rupees and sixty eight naye paise. Where it exceeds Rs. 300 and does not exceed Rs.400; Five rupees and ninety-four naye paise. Where it exceeds Rs. 400 and does not exceed Rs.500; Eight rupees and forty-four naye paise. Where it exceeds Rs. 500 and does not exceed Rs.600; Nine rupees and eighty-two naye paise. Where it exceeds Rs. 600 and does not exceed Rs.700; Eleven rupees and twenty-five naye paise. Where it exceeds Rs. 700 and does not exceed Rs.800; Twelve rupees and sixty-two naye paise. Where it exceeds Rs. 800 and does not exceed Rs.900; Where it exceeds Rs. 900 and does not exceed Rs.1000; Fourteen rupees and six naye paise. and for every Rs. 500 or part thereof in excess of Rs. 1,000; Seven rupees . See (No.2) ADMINISTRATION BOND (No.16) BOTTOMRY BOND (No.26) CUSTOMS BOND (No. 34) INDEMNITY BOND (No.56) RESPONDENTIA BOND (No. 57) SECURITY BOND. Exemptions: Bond, when executed by— (a) headmen nominated under rules framed in accordance with the Bengal Irrigation Act, 1876, (Bengal Act 3 of 1876) section 99, for the due performance of their duties under that Act; (b) any person for the purpose of guaranteeing that the local income derived from private subsecription to a charitable dispensary or hospital or any other object of public utility shall not be less than a specified sum per mensem.

Source: official text of The Indian Stamp Act, 1899 as published on India Code (PDF). All sections of the Indian Stamp Act, 1899.

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