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HABIB CREDIT AND EXCHANGE BANK LTD versus HAMALIYA TEXTILE MILLS (PVT) LTD SHEIKHUPURA ROAD

It was the buyer's intention to impose a stamp duty on the sales receipt issued as a result of the auction of the property owned by the company under the auspices of section 333 Registration Act (XVI of 1908), section 2 (6) and 18 public liquidators. The machinery was evaluated separately, therefore, when an order to terminate the company was approved, it was exempted from the accuracy of the stamp duty. Land, building and machinery were reviewed and presented separately and the offer was approved by the official levied company's judge, as well as the buyer of the machinery distinguishing the question from Exemption can be obtained from stamp duty driven machinery. Stamp to be sold to buyer on receipt under law, stamp duty was not required to pay machinery cost law firms from Kot Radha Kishan lawyer