Best law firm in Coimbatore/ Best advocates in Coimbatore/Best law service in Coimbatore/ Best legal consultation in Coimbatore/ Best legal services in Coimbatore/ Best lawyers in Coimbatore/ Online legal consultation. In India, a stamp paper is a legal document that holds evidentiary value and is commonly used for various transactions. It is a paper bearing a pre-printed revenue stamp, indicating that the specified stamp duty has been paid. Stamp duty is a state subject, and each state in India has its own set of rules and rates for stamp duty. Types of Stamp Papers: Non-Judicial Stamp Paper:The most common type, used for a wide range of transactions such as property agreements, affidavits, and other legal documents. The denomination of the stamp paper is chosen based on the value of the transaction. Judicial Stamp Paper:Used for legal documents filed in courts. The value of the stamp paper depends on the nature and value of the legal matter. Special Adhesive Stamp:In some cases, adhesive stamps may be affixed to a document instead of using a pre-printed stamp paper. This is common for certain agreements and transactions. Uses of Stamp Papers: Property Transactions:Non-judicial stamp papers are extensively used in property transactions, including sale deeds, lease agreements, and conveyance deeds. Legal Agreements:Various legal agreements, such as partnership deeds, power of attorney, and indemnity bonds, are executed on stamp papers to give them legal validity. Affidavits:Affidavits, which are sworn statements made before an authority, are often prepared on stamp papers. Court Documents:Judicial stamp papers are used for court-related documents, including affidavits submitted to courts and certain legal petitions. Insurance Policies:Certain insurance policies and bonds may require stamp papers to validate the legal aspects of the agreement. Loan Agreements:Non-judicial stamp papers are commonly used for loan agreements, promissory notes, and other financial instruments. Commercial Contracts:Business contracts, such as supply agreements, partnership agreements, and employment contracts, may be executed on stamp papers. Agreements and Bonds:Any legal agreement or bond that requires authentication and legal standing is often prepared on stamp paper. At Saanvika Legal Associate, other law cases like business law, financial law, insurance law, environment law, consumer law, property law, banking, tax, cyber, labor, constitutional, legal registration, litigations, criminal, family law, and so on are provided. All kinds of Law services are offered by experienced lawyers that result in the success of your cases in every way possible.