https://www.taxtmi.com/caselaws?id=238267 A mortgage by deposit of title-deeds is complete on delivery of the deeds with intent to create security, and does not require a registered instrument unless the parties execute a written document that itself creates or records rights and liabilities. On the facts found, no registration fee or stamp duty was payable before the charge could be entered in the revenue record. However, the territorial applicability of Section 58(f) had to be examined, because the record raised a live objection that the properties were in villages and not in a notified town. The matter was therefore remitted for fresh consideration on that issue. en-us Mon, 07 Oct 2013 00:00:00 +0530 Sat, 19 Oct 2013 13:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=238267 A mortgage by deposit of title-deeds is complete on delivery of the deeds with intent to create security, and does not require a registered instrument unless the parties execute a written document that itself creates or records rights and liabilities. On the facts found, no registration fee or stamp duty was payable before the charge could be entered in the revenue record. However, the territorial applicability of Section 58(f) had to be examined, because the record raised a live objection that the properties were in villages and not in a notified town. The matter was therefore remitted for fresh consideration on that issue. Case-Laws Companies Law Mon, 07 Oct 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=238267