A NOTARY PUBLIC (a.k.a. notary or public notary; notaries public) of common laws is a public officer constituted by law to serve the public in non-contentious matters usually concerned with general financial transactions, estates, deeds, powers-of-attorney, and foreign and international business. A notary's main functions are to validate the signature of a person (for purposes of signing a document); administer oaths and affirmations; take affidavits and statutory declaration including from witnesses; authenticate the execution of certain classes of documents; take acknowledgments (e.g., of deeds and other conveyances); protest notes and bills of exchange; provide notice of foreign drafts; prepare marine or in cases of damage; provide exemplications and notarial copies; and, to perform certain other official acts depending on the jurisdiction. Such transactions are known as notarial acts, or more commonly, a notarizations. The term notary public only refers to common ...
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STAMP PAPER is a paper issued by the Government of Pakistan. Under section 3 of the Stamp Act, 1899 stamp duty is officially charged on various types of documents for which stamp papers of different denominations are issued. Documents requiring payment of stamp duty are not considered effective without payment and cannot be enforced by a court.
Keep in mind that stamp paper is a piece of paper with its value written on the forehead and the rest is blank. The stamp paper is issued by the government. The money is deposited in the national treasury while selling the stamp paper. Stamp vendors are paid a nominal commission of four percent to five percent. Stamp paper is required to file different kinds of lawsuits, petitions, and applications, etc. in the court and to enter into contracts and agreements with someone and to sell the property or to get someone’s name stamped.
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