Slump Sale is an attractive option for a business entity that wants to transfer/sell a business, because given the complexity of determining retail costs and taxes for business transfers, it is advisable that the parties negotiate each party`s cost burden from the outset and agree commercially. The abovementioned declaration was inserted by the M.P. Act 19 of 1989 with effect from 15 November, 1989.By reason of this provision has therefore created a legal fiction. Although a sales agreement is not normally subject to the payment of stamp duty to be paid on an instrument of sale, the legislator has considered it necessary to impose stamp duty on an instrument by which ownership has been transferred, taking into account the objective and objective it intends to achieve. Some commercial publishers, such as Elsevier, exploit a “nominal copyright”, in which they require the transfer of full and exclusive rights from authors to the publisher of open access articles, while copyright remains in the authors` name.  The assumption that this practice is a prerequisite for publication is misleading, given that even works in the public domain can be reused, printed and distributed by publishers. Instead, authors can grant a simple, non-exclusive publishing license that meets the same criteria. However, according to a 2013 survey by Taylor and Francis, nearly half of the researchers surveyed said they would still be satisfied with the transfer of copyright for open access articles.  The Stamp Act does not define a BTA and does not contain an explicit provision regarding the collection of stamp duty on a BTA. It is therefore important to identify any assets that need to be transferred via the BTA.
In this context, it is important to analyse the provisions of the Stamp Act that will have an impact in the case of a BTA. 5.8 Each Party warrants that it will not take any action that could affect, impede or adversely influence the other Party`s obligations under this Share Transfer Agreement. “Explanation.- For the purposes of this article, if, in the case of an agreement for the sale of immovable property, ownership of immovable property is transferred to the buyer before the performance of such a contract after the performance of such a contract, then this agreement of sale is considered a transfer and stamp duty is levied accordingly: it is important to respect: that a commercial transfer agreement may order the parties to execute an instrument of transmission instead of contemplating an immediate transfer. He was clearly tried by the Supreme Court in the Avinash Kumar Chauhan case. Vijay Krishna Mishra this sales agreement would not be subject to the payment of stamp duty to be paid on an instrument of sale. It states: 3. COST OF TRANSMISSION It is agreed that the registration costs of the transfer of shares (if any) will be borne by the transferee. Permission to copy, display and distribute the work is necessary to enable publishers to act as such, and publication agreements on a large number of publishers contain such provisions.
  The scope of copyright transfer agreements can go far beyond and “publishers require that copyright be transferred to them to the greatest extent possible.”  This means that no one, including authors, texts, tables or illustrations, can reuse in other publications without first obtaining permission from the new copyright owner.  In the pioneering case PNB Finance Ltd. . . .