Legal Question in Banking Law in India

Securitisation Act

If purchaser of the property purchases the property under Securitisation act? whether the liabilities of Salestax, Income Tax, Electricity of the company is binding on the purchaser?


Asked on 4/21/07, 6:04 am

2 Answers from Attorneys

G. M. Gupta gmguptaandassociates

Re: Securitisation Act

if you have agreed to pay in the agreement then you will be required to pay otherwise you have to pay from the date you took the possession of the property

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Answered on 4/22/07, 1:08 pm

Re: Securitisation Act

No. But he owes to pay the dues from the date of purchase or transfer of the property. For any other assistance you may call on my mobile.

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Answered on 4/21/07, 12:17 pm


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