Corporatisation and demutualisation schemes and related instruments not liable to duty

Q: When did Section 8B of the Indian Stamp Act come into force?

Section 8B of the Indian Stamp Act, cited as Stamp Act 8B, came into force on 01 Jul 1899, having been enacted on 27 Jan 1899. It is in force as at the date shown on this page.

In force From 01 Jul 1899 Act 2 of 1899 As on 18 Oct 2026

Act 2 of 1899 Ministry Finance Enacted 27 Jan 1899 In force 01 Jul 1899

Section 8B of the Indian Stamp Act, 1899 deals with corporatisation and demutualisation schemes and related instruments not liable to duty. Notwithstanding anything contained in this Act or any other law for the time being in force,-- (a) a scheme for corporatisation or demutualisation, or both of a recognised stock exchange; The Act came into force on 01 Jul 1899.

¹[8B. Corporatisation and demutualisation schemes and related instruments not liable to duty---Notwithstanding anything contained in this Act or any other law for the time being in force,--
(a) a scheme for corporatisation or demutualisation, or both of a recognised stock exchange; or
(b) any instrument, including an instrument of, or relating to, transfer of any property, business, asset whether movable or immovable, contract, right, liability and obligation, for the purpose of, or in connection with, the corporatisation or demutualisation, or both of a recognised stock exchange pursuant to a scheme,
as approved by the Securities and Exchange Board of India under sub-section (2) of section 4B of the Securities Contracts (Regulation) Act, 1956 (42 of 1956), shall not be liable to duty under this Act or any other law for the time being in force.
Explanation.-- For the purposes of this section,--
(a) the expressions "corporatisation", "demutualisation" and "scheme" shall have the meanings respectively assigned to them in clauses (aa), (ab) and (ga) of section 2 of the Securities Contracts (Regulation) Act, 1956 (42 of 1956);
(b) "Securities and Exchange Board of India" means the Securities and Exchange Board of India established under section 3 of the Securities and Exchange Board of India Act, 1992 (15 of 1992).]
Section 8B, The Indian Stamp Act, 1899 (Act 2 of 1899).

Cross-references

Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.

This section refers to

Securities and Exchange Board of India Act s. 3 Establishment and incorporation of Board

Questions about Section 8B

What does Section 8B of the Indian Stamp Act deal with?

Section 8B of the Indian Stamp Act is headed "Corporatisation and demutualisation schemes and related instruments not liable to duty". [8B. Corporatisation and demutualisation schemes and related instruments not liable to duty---Notwithstanding anything contained in this Act or any other law for the time being in force,-- (a) a scheme for corporatisation or demutualisation, or both of a recognised stock exchange;

How do I find court cases under Section 8B of the Indian Stamp Act?

In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Stamp Act 8B, section 8B Stamp Act, section 8B of the Indian Stamp Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.

What should I read with Section 8B of the Indian Stamp Act, and has it changed?

Its own text turns on Securities and Exchange Board of India Act 3 (Establishment and incorporation of Board), so none of them can safely be read on its own.

When did Section 8B of the Indian Stamp Act come into force?

Section 8B of the Indian Stamp Act, cited as Stamp Act 8B, came into force on 01 Jul 1899, having been enacted on 27 Jan 1899. It is in force as at the date shown on this page.

Other sections of this Act

47. Power of payer to stamp bills, and promissory notes received by him unstamped4923 words
2. Definitions3110 words
3. Instruments chargeable with duty1916 words
10. Duties how to be paid1187 words
28. Direction as to duty in case of certain conveyances961 words
73. Books, etc., to be open to inspection932 words

Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Text as in force on 18 Oct 2026. This page is not a substitute for legal advice.