Disposed
Suraj Prakash Khemchand v. 1. Avinash B. Jaising and 2. Bansi J. Jaising
Bombay HCNMIS/46/2013
Case brief
AI extract
What is this about?
The Court clarified that under Section 115 of the Presidency Towns Insolvency Act, 1909, the purchaser is exempted from paying stamp duty and registration charges for 50% value of specific properties representing the insolvents' share.
What did the court decide?
Clarification issued regarding exemption from stamp duty and registration charges for 50% value of specific properties.