HINDUSTAN LEVER vs STATE OF MAHARASHTRA

The Supreme Court upheld the constitutional validity of Section 2(g)(iv) of the Bombay Stamp Act, 1958, which includes orders made under Section 394 of the Companies Act, 1956 as 'conveyance'. The Court clarified that the definition of 'conveyance' encompasses various instruments, including those related to amalgamation, thereby affirming the applicability of stamp duty on such orders. The appeal against the High Court's dismissal of the writ petition was rejected, maintaining the status quo regarding stamp duty on amalgamation orders.