https://www.taxtmi.com/caselaws?id=200270 A promissory note may be treated as duly executed where the maker signed it, the instrument was later completed by affixing additional stamps, and delivery followed. The Stamp Act requirement that a chargeable instrument be stamped before or at the time of execution was read pragmatically: execution was not confined to the moment of signature alone, and the note became complete only on final stamping and delivery. The Court also applied the principle that a negotiable instrument is completed by delivery, actual or constructive, under the Negotiable Instruments Act. On that basis, the challenge to the instrument failed. en-us Fri, 11 Mar 1966 00:00:00 +0530 Sat, 24 Mar 2018 15:20:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=200270 A promissory note may be treated as duly executed where the maker signed it, the instrument was later completed by affixing additional stamps, and delivery followed. The Stamp Act requirement that a chargeable instrument be stamped before or at the time of execution was read pragmatically: execution was not confined to the moment of signature alone, and the note became complete only on final stamping and delivery. The Court also applied the principle that a negotiable instrument is completed by delivery, actual or constructive, under the Negotiable Instruments Act. On that basis, the challenge to the instrument failed. Case-Laws Indian Laws Fri, 11 Mar 1966 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=200270