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Can I use a special adhasive stamp for a partnership deed?

Submitted by LegalWizin on Thu, 12/03/2020 - 02:23

No, that doesn’t work.

You are supposed to buy a Stamp Paper of required amount from lawyers or post office. Alternatively, you can go to a bank for ‘franking’. On payment of stamp duty, bank puts the mark on respective document for paid.

Note that franking facilities are available at very few banks and their branches. Also, when you opt for franking, the date of execution shall not be mentioned on the Partnership deed.

I hope this helps! If you are looking for professional assistance to form your Partnership firm, feel free to connect with LegalWiz.in experts.