Impouding document
GANGAM.RAJENDER.
(Querist) 18 October 2014
This query is : Resolved
respected experts,
the case has been instituted for specific performance of contract.the agreement has been made on dated 3-5-2004 on the rs 100/- bond paper.it was immoveable property with delivered the possession to the purchasers.
Q1.STATUS OF THE CASE IS IN FRAMING OF ISSUES.
Q2. HOW MUCH PENALTY WILL BE IMPOSED AND WETHER THE VLAUE OF THE PROPERTY CALCULATED AT THE TIME OF AGREEMENT 3-5-2004 OR PRESENT VALUATION .PROCEDURE OF CALCULATION OF IMPOUDING DOCUMENT IF ANY PLS PROVIDE SIR.
THANK YOU SIR.
Devajyoti Barman
(Expert) 18 October 2014
court fees/stamp tu differs frm state to state.
Contact local lawyer.
Advocate. Arunagiri
(Expert) 18 October 2014
If the court is imposing penalty it will impose 10 times of the stamp duty.
V R SHROFF
(Expert) 18 October 2014
YOU YOURSELF BEING ADVOCATE,
CONSULTING local lawyer PRACTICING IN aGR rEGISTRATION/ STAMP DUTY C REGISTRAR OF ASSURANCE . IS BEST SOLN.
YOU NEED TO PAY EITHER PENALTY @ 24% P.A. FROM 2004 TILL DATE/ OR PAY PRESENT STAMP DUTY / REGN CHARGES.
doc WILL BE IMPOUNDED AND RELEASED ON PAYMENT OF PROPER STAMP DUTY + PENALTY + REGN, BY COMPETENT AUTHORITY.
authority WILL CALCULATE IT..
prabhakar singh
(Expert) 18 October 2014
read order 13 R.8 of CPC to know about impounding procedure.
Sailesh Kumar Shah
(Expert) 19 October 2014
Computation of deficiency in stamp:-
Actual Stamp applicable on 03.05.2004 = a
Stamp Duty Paid = b
Interest from 03.05.2004 to till date of payment = c
Penalty 1 to 10 times = d
Total amount = a-b+c+d
ajay sethi
(Expert) 19 October 2014
agree with experts
GANGAM.RAJENDER.
(Querist) 21 October 2014
THANK YOU SIR FOR YOUR VALUABLE SUGGESTION.