Section 56 of the Indian Stamp Act, 1899 – Control of, and statement of case to, Chief Controlling Revenue-authority

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Section 56: Control of, and statement of case to, Chief Controlling Revenue-authority

Respondentia Bond.–that is to say, any instrument securing a loan on the cargo laden or to be laden on board a ship and making repayment contingent on the arrival of the cargo at the port of destination. 0.05% of the secured amount, subject to the minimum of Rs. 100 and maximum Rs. 1,000 and duty rounded off to nearest rupees Ten. Revocation of any Trust or Settlement.–See Settlement (No.58), Trust (No.64).

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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