MP | MP Stamp Rules, 1942| Amendment issued to include entities where 51% shares are held by government to act as the Ex-offico vendors

The Government of Madhya Pradesh has amended the Madhya Pradesh Stamp Rules, 1942 vide circular dated August 13, 2021.

The Rules provides the entities that shall act as Ex-officio vendors in the state. The amendment provides that Ex-officio vendors under the Rules will include Banks, Financial Institutions, Post offices or such bodies where 51% shares are held by the Central Government or the State Government.

*Tanvi Singh, Editorial Assistant has reported this brief.