The General Stamp Act 1869, 18 of 1869, (Rep., Act 1 of 1879) · IV — .

Section 32. Penalty for not drawing full number of bills or marine policies purporting to be in sets

Repealed or not in force · As amended up to 2026-08

32. Penalty for not drawing full number of bills or marine policies purporting to be in sets. 32. Any person or firm drawing or executing within British India a bill of exchange or a policy of marine insurance purporting to be drawn or executed in a set of two or more, and not at the same time drawing or executing on paper duly stamped as required by this Act the whole number of bills or policies of which such bill or policy purports the set to consist, shall, for every such offence, be liable to fine not exceeding one thousand rupees.

Source: India Code