I am preparing MOU. Its contents are that the member of the co. have transfer its shares to the director of the company but on the MOU it will be shown that the director is holding the shares on behalf of the member.
So, if anybody could pls. help me out with the stamp duty on MOU on such matters.
14 September 2011
Stamp duty is depends on the State Act, so please check the duty as per the state where the MOU is created and also check the consideration involved.