711 to 715.
904 on the 9th floor of the building known as Dalamal Tower situated at 211, Nariman Point, Bombay 400 021.
As such member the 1st Appellant was in occupation of office premi es No.
Briefly stated the facts are as follows The 1st Appellant was a member of Dalamal Tower Promises Co operative Society Ltd. As such member the 1st Appellant was the holder of 5 shares each bearing distinctive Nos.
By an Instrument dated 31st March, 1986 the 1st Appellant transferred in favour of Appellants Nos.
N. VARIAVA,J. LITTTTTTTJ This Civil Appeal is against the Judgment dated 16/17th February, 1989.
The questions raised in this Appeal are a whether transfer of shares in a Co operative Society is subject to levy of stamp duty under the Bombay Stamp Act, 1958 and b whethe r the State Legislature has legislative companypetence to levy stamp duty on transfer of shares.
