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Corporate Bonds and Debentures - ICSI
Section 2(5) of the Indian Stamp Act, 1899 defines “bonds”as - “Bond” includes— • any instrument whereby a person obliges himself to pay money to another, on condition that the obligation shall be void if a specified act is performed, or is not performed, as the case may be; • any instrument attested by a witness and not
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www.indiacode.nic.inTHE INDIAN STAMP ACT, 1899 ACT NO. 2 OF 18991 [27th January, 1899] An Act to Consolidate and amend the law relating to Stamps. WHEREAS it is expedient to consolidate and amend the law relating to Stamps. It is hereby enacted as follows:— CHAPTER I PRELIMINARY 1. Short title, extent and commencement — (1) This Act may be called the Indian ...
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