Standing Order No. 3882/2010 of the Housing Department, Government of Rajasthan dated 15th November, 2010 on the issue of bills of exchange and promissory notes [C13-0R4]

Standing Order No. 3882/2010

GOVERNMENT OF RAJASTHAN

Housing Department, Government of Rajasthan

Jaipur, dated the 15th November, 2010

STANDING ORDER

To

All District Registrars,

Subject: The issue of bills of exchange and promissory notes by banker issuing instruments under the Rajasthan Stamp Act, 1999, regarding.

In exercise of the powers conferred by section 9 of the Rajasthan Stamp Act, 1999 (Rajasthan Act 14 of 1999), the Housing Department, Government of Rajasthan hereby issues the following Standing Order for the guidance of all officers subordinate to it:

1. References have been received seeking clarification on the manner in which section 9 applies to the issue of bills of exchange and promissory notes by banker issuing instruments.

2. The matter has been examined. Every banker issuing instruments carrying on the issue of bills of exchange and promissory notes shall make an application in Form D to the Superintendent of Stamps within forty-five days, accompanied by a fee of one thousand rupees.

3. The District Registrar shall ensure that stamp paper is dealt with as directed above, and shall report compliance to the Superintendent of Stamps within forty-five days.

4. Difficulties, if any, in the implementation of this standing order may be brought to the notice of the Housing Department, Government of Rajasthan.

(Secretary to Government)