Case Law Details
Case Name : Tripower Enterprises (Private) Limited Vs Sub Registrar (Madras High Court)
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All High Courts Madras High Court
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Tripower Enterprises (Private) Limited Vs Sub Registrar (Madras High Court)
Conclusion: Auction purchasers of immovable property need not pay registration fees or pay stamp duty when filing a copy of sale certificate under Section 89(4) of the Registration Act, 1908.
Held: In pursuance of the sale notice under SARFAESI Act, the second respondent sold the subject property to assessee-company, as assessee being the highest bidder. The said sale was confirmed and the sale certificate was issued in favour of assessee. The second respondent requested the first respondent to file the sale certifica...
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property buy from canara bank then stamp duty applicable on this property or not Ref: Tripower Enterprises (Private) Limited Vs Sub Registrar (Madras High Court)