Section 23A: [ Certain instruments connected with mortgages of marketable securities to be chargeable as agreements. [Inserted by Act 15 of 1904, Section 4.]

Q: What does Section 23A of The Indian Stamp Act, 1899 (ISA) deal with?

Section 23A ISA pertains to "[ Certain instruments connected with mortgages of marketable securities to be chargeable as agreements. [Inserted by Act 15 of 1904, Section 4.]". It is part of the The Indian Stamp Act, 1899, a legislation enacted by the Parliament of India. Section 23A of The Indian Stamp Act, 1899 (ISA) governs [ Certain instruments connected with mortgages of marketable securities to be chargeable as agreements. [Inserted by Act 15 of 1904, Section 4.]. As verified on 19 May 2026.

Q: Is Section 23A ISA still in force?

Yes, Section 23A of the The Indian Stamp Act, 1899 is currently in force across the Republic of India.

Q: What is धारा 23A ISA?

धारा 23A ISA is the Devanagari Hindi reference for Section 23A of the The Indian Stamp Act, 1899. Section 23A of The Indian Stamp Act, 1899 (ISA) governs [ Certain instruments connected with mortgages of marketable securities to be chargeable as agreements. [Inserted by Act 15 of 1904, Section 4.]. As verified on 19 May 2026.

Q: What is Dhara 23A ISA?

Dhara 23A ISA is the Roman Hindi reference for Section 23A of the The Indian Stamp Act, 1899. "Dhara" means "Section" in Hindi. Section 23A of The Indian Stamp Act, 1899 (ISA) governs [ Certain instruments connected with mortgages of marketable securities to be chargeable as agreements. [Inserted by Act 15 of 1904, Section 4.]. As verified on 19 May 2026.

Q: How to cite Section 23A of The Indian Stamp Act, 1899?

Cite as: "Section 23A, The Indian Stamp Act, 1899 (ISA)" in legal briefs. For academic writing, use the BlueBook format: The Indian Stamp Act, 1899, § 23A (India).

Law on Tips Editorial Board

(1)

Where an instrument (not being a promissory note or bill of exchange)] [Inserted by Finance Act, 2019 (Act No. 7 of 2019) dated 21.2.2019.]

(a) is given upon the occasion of the deposit of any marketable security by way of security for money advanced or to be advanced by way of loan, or for an existing or future debt, or

(b) makes redeemable or qualifies a duly stamped transfer, intended as a security, of any marketable security,

(2)

A release or discharge of any such instrument shall only be chargeable with the like duty.] [Substituted by Act 1 of 1912, Section 3, for "Article No. 5(b)" .]