Registation of Property under SARFAESI Act

[CLARENCE PEREIRA]

We have recd a Sale Certificate issued by the Bank under SARFAESI Act. Do we require to register this Sale certificate with the Sub-Registrar to get the Title transfered to our name? If so what is the Stamp Paper applicable.This is in Karnataka.

If not applicable aby case laws giving such exemptions?

AI Summary

Is Registration of Sale Certificate Under SARFAESI Act Necessary for Title Transfer? Explore Case Law Exemptions. A query was raised regarding the registration of a Sale Certificate issued by a bank under the SARFAESI Act in Karnataka. The inquirer asked whether it is necessary to register the certificate with the Sub-Registrar to transfer the title and what stamp paper is applicable. They also inquired about any case laws providing exemptions from registration. The response requested further views for the benefit of others in the forum.