New Delhi, Dec 02: Centre today told the Delhi High Court that it has constituted a working group to look into the existing specifications of non-judicial stamp papers to plug the circulation of fake ones and identify forgeries being done by some mischievous persons.
"The working group is required to review the existing specifications of non-judicial stamp papers (njsp), to identify the types of forgeries prevalent and to suggest ways to plug loopholes and to review the existing security features in them and suggest upgradations," Department of Economic Affairs (DEA) in the finance ministry in an affidavit said.
"The fake stamp papers are created by either forgery or by counterfeiting. In forgery, chemicals are used to erase printing on the low denomination stamps and a figure of higher denomination is then printed on it," the affidavit said. "Thereafter, they are over-printed with the designs of higher denominations. While the stamp paper in such cases is fake, the paper on which it is printed is genuine having the original watermark. People, thus find it difficult to detect the forgery," it said.
In the counterfeit, the watermark is "imitated" on papers substrate through printing by using transparent ink to produce the original effect, the DEA said.
Bureau Report