THE BOMBAY STAMP ACT, 1958 - Igrmaharashtra.gov.in

50. Allowance for misused stamps.(1) When any person has inadvertently used, for an instrument chargeable with duty, astamp of a description other than that prescribed for such instrument by the rules madeunder this Act, or a stamp of greater value than was necessary or has inadvertently usedany stamp for an instrument not chargeable with any duty; or(2) when any stamp used for an instrument has been inadvertently rendered useless undersection 15, owing to such instrument having been written in contravention of provisionsof section 13;the Collector may, on application made within l [six months] after the date of theinstrument, or, if it is not dated, within l[six months] after the execution thereof by theperson by whom it was first or alone executed, and upon the instrument, if chargeablewith duty, being re-stamped with the proper duty, cancel and allow as spoiled the stampso misused or rendered useless.2 [51. Allowance for spoiled or misused stamps how to be made.In any case in which allowance is made for spoiled stamps under section 47 or misusedstamps under section 50, or in respect of printed forms no longer required under section49, the Collector may give, in lieu thereof,-(a) the same value in money, deducting 3[therefrom such amount as may be prescribedby rules made in this behalf by the State Government]; 01(b) if the applicant so requires, other stamps of the same description and value; or(c) if the applicant so requires, stamps of any other description of the same amount invalue:____________________________-1. These words were substituted for the words "one year" by Mah. 18 of 1989, s. 5,(w.e.f.: 1-12-1989)2. Section 51 was substituted for the original by Mah. 27 of 1985, s.31, (w.e.f. 10-12-1985).3. These words were substituted for the words "ten paise for each rupee or fraction of arupee of the total value of the sor rupees twenty-five for each stamps whichever is less"by Mah. 18 or 1989, s. 6 (w.e.f. 1-12-1989).