https://www.taxtmi.com/caselaws?id=193353 A document describing payment of stridhanam and allied assets placed with a joint family business was treated as a receipt evidencing a deposit, not a promissory note, because the character of the transaction depended on the parties' intention and surrounding circumstances. Once the document had been admitted in evidence, the objection that it was insufficiently stamped could not be reopened later. The suit was also held to be within limitation, as no valid demand against the defendants in their own capacity was proved within the prescribed period. en-us Tue, 09 Dec 1952 00:00:00 +0530 Tue, 25 Jul 2017 16:58:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=193353 A document describing payment of stridhanam and allied assets placed with a joint family business was treated as a receipt evidencing a deposit, not a promissory note, because the character of the transaction depended on the parties' intention and surrounding circumstances. Once the document had been admitted in evidence, the objection that it was insufficiently stamped could not be reopened later. The suit was also held to be within limitation, as no valid demand against the defendants in their own capacity was proved within the prescribed period. Case-Laws Indian Laws Tue, 09 Dec 1952 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=193353