2002-2965 daled 18.12.2003. — THE INDIAN STAMP ACT, 1899 (2 of 1899)

3. 2002-2965 daled 18.12.2003. Ins by So. 1.M.1-255/2006, 364 dated 8.2,2007 Subs. by S.O. 1/M-169/2012-1026 dated 19 ogni 1 2 (A. Any instrument (not being such a release as is provided for by section-23A) whereby a co-owner, co-shares orf coparcener renounces his interest share, part or claim in favour of another corenounces his interest share, part or claim in favour of another coowner, co-sharer or co-parcener.- (a) Ifthe release deed ofan ancestral property or part thereof is executed by or in favour of brother or sister (Children of renouncer's parents) or son or daughter or son of predeceased son or daughter of predeceased son or father or mother, or spouse of the of predeceased son or father or mother, or spouse of the renouncer or the legal heirs of the above relatives. (b) In any other case Release of Benami right: > or ag oo (a) Same duty as a Bond (No. 15) the amount equal to the value of the share, interest, part or clair renounced based on Minimum Value Register. (b) Same duty as on Conveyance (No. 23) for the amount equal to the Same duty as on Conveyance (No. 23) for the amount equal to the value of the share, interest, part or claim renounced based on 'Minimum Value Register. The same duty as a Conveyance (No.23) for a consideration equal to value of the property as set forth in the release. C. Release of rightofredemptionof | The same duty as a Conveyance a mortgage with possession or the (No.23) for the amount of such C. Release of rightofredemptionof a mortgage with possession or the right to obtain re-conveyance of the The same duty as a Conveyance (No.23) for the amount of such consideration as set forth in the a mortgage with possession or the right to obtain re-conveyance of the (No.23) for the amount of such consideration as set forth in the property already conveyed. release. Respondentia Bond, thatis to say, any instrument securing a loan on the cargo laden or to be laden on board a ship and making repayment the cargo laden or to be laden on board a ship and making repayment contingent on the arrival of the cargo board a ship and making repayment contingent on the arrival of the cargo at the port of destination. contingent on the arrival of Security bond or mortgage deed, Exemptions: executed- (a) by any person for the purpose of guaranteeing that the local income (a) by any person for the purpose of guaranteeing that the local income The same duty as Bond (No. 15) for the amount of the loan secured. '("The same duty as Bond (No. 15) for the amount secured subject to the maximum limit of Rs. 1000/- (Rupees for the amount secured subject to the maximum limit of Rs. 1000/- (Rupees One thousand)". Exemptions: Bond or other instrument, when executedBond executed-

Section 3