Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Sale deed voided; firm linked to politician's relative must pay 14% stamp duty and penalties before cancellation proceeds</h1> A sale deed for 40 acres sold to a firm linked to a politician's relative has been declared void; the firm must pay the original 7% stamp duty plus an additional 7% to execute the cancellation deed (totaling about Rs 42 crore). The registration department rejected a claimed exemption for a proposed data centre, and cancellation will proceed only after stamp duty and penalties are paid. FIRs alleging misappropriation and cheating have been lodged against the company, its authorised signatories, vendors and a sub-registrar; investigators say parties found guilty will be prosecuted. Political leaders have called for a probe and fuller legislative scrutiny.