Law · Arbitration and Indian Stamp Act
An arbitration clause contained in a contract that is deficiently stamped and compulsorily registrable:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Is enforceable only if it is completely re-drafted on a new judicial stamp paper
- 2Is permanently invalid and cannot be cured under any condition
- 3Is enforceable only after the deficient stamp duty along with the prescribed penalty is paid✓
- 4Is enforceable even without the deficient stamp duty being paid
Correct answer
Is enforceable only after the deficient stamp duty along with the prescribed penalty is paid
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