Delhi High Court Favors Ambuja Cement in Rs218 Crore Stamp Duty Dispute

The Delhi High Court ruled in favor of Ambuja Cement Limited, overturning a substantial stamp duty demand and a penalty. The court acknowledged that the order was outdated and beyond the period of limitation. S&A Law Offices successfully represented Ambuja Cement in the legal proceedings.

The Delhi High Court has delivered a favorable judgment for Ambuja Cement Limited, nullifying a heavy demand for Rs218.87 crore in stamp duty along with a Rs69 crore penalty. The legal team from S&A Law Offices represented Ambuja Cement in the case.

Challenging an order from the Collector of Stamps, Delhi, the case centered around a merger order dated November 14, 2011. The High Court found that the issued show cause notice exceeded the limitation period, thus ruling in favor of Ambuja Cement.

The court's decision referenced Notification No. 13 dated December 25, 1937, and concluded that Ambuja Cement was not liable for the imposed charges. Led by Senior Partner Vijay K Singh, the legal team successfully argued the case in court.

(With inputs from agencies.)