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ARTICLE · 11 JULY 2023

Insufficiently Stamped Development Agreement

Mansukhlal Hiralal & Company
Mansukhlal Hiralal & Company
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The stamping of documents has been an ongoing issue for a long period and different authorities have dealt with it differently over a period of time.

IndiaReal Estate and Construction
Purvi Asher
Purvi Asher
Aakash Mehta
Aakash Mehta
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Published on Bar & Bench: https://www.barandbench.com/law-firms/view-point/insufficiently-stamped-development-agreement

The stamping of documents has been an ongoing issue for a long period and different authorities have dealt with it differently over a period of time. The recent Judgment passed by the High Court of Madhya Pradesh, Indore Bench clears the ambiguity on the issue of documents being insufficiently stamped and is a step forward for the all the developers, builders and individuals facing the issue on documents being insufficiently stamped.

The High Court of Madhya Pradesh, Indore Bench ("Court") set aside an order passed by Real Estate Regulatory Authority ("RERA") which dismissed an application under Section 4 of Real Estate (Regulation and Development) Act, 2016 ("RERA Act") for registration of a project for not being properly stamped.

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