Section 2(14) of the Indian Stamp Act, 1899 defines **"instrument"**. …

Question

Section 2(14) of the Indian Stamp Act, 1899 defines **"instrument"**. According to Lesson 14, which of the following is NOT an "instrument"?

Accepted Answer

A. {'text': 'A photocopy of an agreement, per *Ashok Kalam Capital Builders v. State & Anr.*, AIR 2010 (NOC) 736 (Del.)', 'label': 'A'}

1. Section 2(14) of the Act defines "instrument" as every document by which any right or liability is, or purports to be, created, transferred, limited, extended, extinguished or recorded.
2. Documents created for transactions in a stock exchange or depository (electronic or otherwise) and any other document mentioned in Schedule I are also included.
3. Lesson 14 lists instances. *Ashok Kalam Capital Builders v. State*, AIR 2010 (NOC) 736 (Del.) held that **a photocopy of an agreement is NOT an "instrument" as defined under Section 2(14) of the Act**.
4. The other options are positive examples drawn from the lesson.
_Source: ICSI CS Executive Paper 1 — Jurisprudence, Interpretation & General Laws, Lesson 14 (Indian Stamp Act, 1899), pp. 337-353._

Answer

{'text': 'A document by which any right or liability is, or purports to be, created, transferred, limited, extended, extinguished or recorded', 'label': 'B'}

Answer

{'text': 'An entry in a register containing the terms of hiring of machinery, authenticated by the thumb impression of the hirer, since it purports to create a liability', 'label': 'C'}

Answer

{'text': 'A letter which acknowledges receipt of a certain sum as borrowed at a particular rate of interest, for a particular period, repayable with interest on a due date', 'label': 'D'}