M/S ANSAL HOUSING & CONSTRUCTION LTD. vs STATE OF U.P. .

The Supreme Court addressed the issue of stamp duty under Sections 33 and 47(A) of the Indian Stamp Act, 1899, concerning a tripartite agreement between a developer, the State, and allottees. The Court held that the High Court erred in adjudicating the matter without the necessary materials and directed the parties to approach the competent authority for resolution. The judgment dated 16.8.2011 was set aside, and the competent authority was instructed to resolve the dispute within six months.