… Description of a lease or licence when it comes to the issue of stamp duty quesstheis on such a document. 12. The Court itself has looked at the different… A petition. This agreement was executed only on a stamp paper of Rs.100/- The petitioner was designated as the operator, while the defendant company was named in the agreement as the owner. That`s right. rent, not just a licence. As a result, the application for stamp duty and interest was accepted.
6. Order challenge if passed Shri Dhruv Narain, senior… To prosecute several people in their affairs and to execute the agreement in their favor. However, the question of the actual nature of the agreement was whether it was a licensing agreement or a lease agreement. Your…, the contract would carry a stamp duty on a license deed under the stamp law. 24. In our opinion, the law that in the case of the new bus association stand Shop Owners Association… Article 5 of Schedule I-A of the Indian Stamp Act, 1899 as a type of agreement is so that it is obliged to pay the stamp duty of the Rs.100/- (rupees hundred) only… …
Control Act, 1999. Stamp duty was also paid as a leave and licence contract on the basis of the agreement. This is not the case for respondent No. 2 as the document of the … Customs duties and registration fees that must be paid on or in connection with this agreement are borne and paid by the sole licensee. Section 55 (1) of the Maharashtra Rent Control Act, 19…leave and license agreement having expired on 31.7.20037. The question, therefore, concerns the rights of respondent No. 2 as a result of the omission of… Licensing agreement with Industrial Investment Limited for a period of 33 months, i.e.
from 1-3-2002 to 1-12-2004. This leave and licence contract was executed on 28.2.2002. The petitioner paid… Rs. 1.60,000/- on the leave and licence contract at issue under section 36A, paragraph b), read by Section 36A, paragraph a) (ii) (d) of the Bombay Stamp Act Schedule-I, 1958 (abbreviated “the aforementioned law”). An invitation message was … accordingly, the 10% stamp duty is levied on the deposit, since the instrument in question has been interpreted as a rental contract and not as a holiday and licence contract and, therefore, also on the… Licensed parties are free to choose the basis for calculating royalties that correspond to their business requirements.
The most common method is the expression of royalties as a percentage of revenue, other methods include: a person can create and design an improvement of an existing technology or a function that improves the use or functionality of the technology. The new invention may be the result of an idea of the use of the investigation period granted or may actually result from a modification of that period of investigation to produce an improvement. An “improvement” in IP licenses generally means an evolution in the field of licensed technology that improves usability, functionality, efficiency, performance or other features of the original IP.