The Supreme Court has held that a charge of mortgage by deposit of title deeds can be entered into the revenue record. Since such a mortgage does not require registration under section 17 of the Registration Act, 1908, no registration fee or stamp duty needs to be paid.
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The dispute digest is compiled by Bhasin & Co, Advocates, a corporate law firm based in New Delhi. The authors can be contacted at lbhasin@bhasinco.in or lbhasin@gmail.com. Readers should not act on the basis of this information without seeking professional legal advice.
