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If contract in writing but not in proper stamp paper is this contract unenforceable contract?
Wiki User
∙ 11y ago
Even if a contract is in a plain paper, that by itself does not render the Contract illegal, since it does not violates any of the Conditions of sec.10 of Indian Contract Act. But when you want to execute it in the Court of law , the Court will impound the document and will impose the penalty. On payment of penalty the defect gets cured.
To be in the safest side , i suggest the Contract to be in the stamp paper.
16th May, 2012
Jiju V.S.
Asst Manager - Legal
Hotel Leelaventure Ltd, The Leela Kovalam
Mob: 9349987247
Wiki User
∙ 11y ago
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