https://www.taxtmi.com/caselaws?id=301859 The High Court allowed the revision application, overturning the trial court's decision that deemed the Shah Jog Hundi inadmissible due to inadequate stamping. The court held that the Hundi, although not meeting the criteria of a bill of exchange under the Negotiable Instruments Act, qualified as a bill of exchange payable on demand under the Stamp Act. The court emphasized the extended definitions of a bill of exchange under the Stamp Act and concluded that the Hundi was exempt from duty under the Stamp Act, making it admissible in evidence. en-us Tue, 29 Jul 1969 00:00:00 +0530 Sat, 23 Apr 2022 11:10:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=301859 The High Court allowed the revision application, overturning the trial court's decision that deemed the Shah Jog Hundi inadmissible due to inadequate stamping. The court held that the Hundi, although not meeting the criteria of a bill of exchange under the Negotiable Instruments Act, qualified as a bill of exchange payable on demand under the Stamp Act. The court emphasized the extended definitions of a bill of exchange under the Stamp Act and concluded that the Hundi was exempt from duty under the Stamp Act, making it admissible in evidence. Case-Laws Indian Laws Tue, 29 Jul 1969 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=301859