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    <title>2015 (12) TMI 571 - BOMBAY HIGH COURT</title>
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    <description>Increase in authorised share capital and any related stamp duty relief were left to the competent authorities&#039; statutory discretion rather than decided on merits. For the share-capital filing issue, the authorities were to consider the writ materials and pass a reasoned decision within three months. For stamp duty, the State&#039;s power to reduce, remit or compound duty was noted, but no application had been made at that stage; any application was to be considered in accordance with law within three months. The writ petition was thus disposed of with directions for administrative consideration, leaving the wider issues open.</description>
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    <pubDate>Mon, 28 Sep 2015 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=269267</link>
      <description>Increase in authorised share capital and any related stamp duty relief were left to the competent authorities&#039; statutory discretion rather than decided on merits. For the share-capital filing issue, the authorities were to consider the writ materials and pass a reasoned decision within three months. For stamp duty, the State&#039;s power to reduce, remit or compound duty was noted, but no application had been made at that stage; any application was to be considered in accordance with law within three months. The writ petition was thus disposed of with directions for administrative consideration, leaving the wider issues open.</description>
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      <pubDate>Mon, 28 Sep 2015 00:00:00 +0530</pubDate>
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