State Government obliged to refund value of stamps which are not used

Freedom City Ventures Vs State of Maharashtra (Bombay High Court) Bombay High Court held that State Government is under an obligation to repay the value of stamps in money in case the stamps are not used and given to Collector for cancellation. Facts- The Petitioner is engaged in the business of buying, selling, developing, plotting lands and selling the same, for the purposes of its business in the year 2013 entered into discussions with some agriculturists, who were desirous of entering into development agreement with the Petitioner. After negotiations and rounds of discussion, the owners of...