Legal Question in Real Estate Law in India
I purchse a flat in resell and put loan file in SBI bank and i know that when Society purchase a land and Registred a Sale deed in 1996 but Society has not clear this sale deed that time so now i know that the D.Collector pass a order for pay Additional Stamp duty amount and send this order copy in revenue department ( Talati ) so this entry in 7/12 and Hakka Patrak No.6 and effect this entry from 2006 and metion this D.Collector order so bank is reject my file. My question is
1. who is liable to pay this additional stamp duty amount ? Now Bulider give a charge Society from 2001.
2. What can i do to clear my loan?
3. Member of society is liable pay this amount?
4.It is need to clear this sale deed from Stamp Office?
1 Answer from Attorneys
1. Society was and is liable to pay stamp duty or additional stamp duty.
2. Ask Bank.
3. Members have to contribute.
4. Yes.