notice of intimation

FAQ-Notice of Intimation


Filing of Notice of Intimation
Introduction

However, most folks would be unacquainted what is Filing of Notice of Intimation it is just in case of mortgage by method of Deposit of Title Deed to create Eqitable Mortgage

e-Filing of Notice of Intimation just in case of mortgage by the method of Deposit of deed of conveyance came into impact from 1st April 2013. E-filing suggests that on-line or electronic filing of notices of intimation of mortgage of property under Section 89B of the Registration Act, 1908.

These amendments are dispensed so as to safeguard the interests of banks and society. Earlier, the agreement/intimation about mortgage by method of deposit of deed of conveyance was out of property right thanks to this, there was scope for fallacious practices like availing loans from multiple banks on same property or putting off the property that is already encumbered thus these amendments are brought with the target of preventing such frauds.

The below FAQ on e-filing of Notice of Intimation relating to Deposit of Title Deed of Conveyance.

Q1. What is the time limit for filing of notice?

The notice should be filed within 30 days from the date of mortgage.


Q2. Can the time limit be extended in exceptional cases or otherwise?

No. As it is a legal provision and not an administrative order; the time limit can not be extended.


Q3. What is the mode / process of filing?

1. For the convenience, of citizens department has introduced online e-filing system which is presently available to Banks/Non Banking Financial Institutes; Citizens can file the notice on line from the banks. The details regarding the process are available on department’s website www.igrmaharshtra.gov.in

2. Apart from the e-filing, as a temporary arrangement, citizens can file the notice physically. The format of notice is enclosed herewith.


Q4. Where the notice has to be filed?

The notice has to be filed to the Sub Registrar office, within whose jurisdiction the property (of which the title deeds are deposited) is situated.


Q5. If the property is situated in the jurisdiction having more than one Sub Registrar offices, (like Mumbai City, Andheri Taluka, Haveli Taluka) can the filing be done in any office or there are some designated offices?

In such jurisdiction, the notice has to be filed in the designated offices only. The list of designated offices is enclosed herewith.


Q6. Whether the days are fixed for physical filing?

The designated offices can accept the notice for filing on any working day in the working hours.


Q7. About Stamp Duty?

The Stamp Duty is chargeable as per Article 6 of the Maharashtra Stamp Act 1958, i.e. @ 0.1% if the Loan amount is ₹ 500000/- or below, and @ 0.2% if the Loan amount is Rupees above ₹ 500000/-. If the stamp duty as above is paid on any other document like Memorandum or agreement for same loan transaction then Stamp Duty of ₹ 100/- has to be paid on the notice.


Q8. Filing Charges & other miscellaneous charges?

The filing fee is ₹ 1000/- irrespective of the Loan amount. In case of physical filing only (and not in the case of on line filing), the document handling charges of ₹ 300/- has to be paid in cash.


Q9. How to pay the Stamp Duty, Filing Charges and the document handling charges ?

In case of e-filing: the Stamp Duty and Filing Charges have to be pay online through the GRAS (www.gras.mahakosh.gov.in)

In case of physical filing: the Stamp Duty and filing charges can be paid through any permissible mode including the GRAS (www.gras.mahakosh.gov.in). If the filing fee has to be paid through DD, then it should be in favor of the respective Sub Registrar office and payable in the respective City. The document handling charges have to be paid in cash.


Q10. What is the actual process of physical filing? What other documents are required?

a) Get the notice prepared in the prescribed format.
b) Pay the proper Stamp Duty
c) Affix the photographs and put the signature/s thumb impression/s of the mortgagor/s
d) Get it verified from the bank (the proper officer of a bank has to put the signature with his seal)
e) The mortgagor has to submit it to the Sub Registrar along with a photocopy of the notice.
f) If Stamp Duty as per Article 6 is paid on another document and ₹ 100/- is paid on the notice, then the attested true copy of another document has to be submitted along with the notice.
g) Sub Registrar after verification of Stamp Duty, shall pass receipt of the filing fee and document handling charges, and shall give an acknowledgment on the photocopy of the notice.
h) Following documents are not required:
1) Covering letter from the bank,
2) Receipt of the Stamp Duty paid on the notice,
(if it is of ₹ 100/ or franking is done by the concerned bank )
3) Copy/s of the title deeds deposited with the banks


Q11. If title deeds of multiple properties are deposited then where does the notice to be filed?

1) If all the properties are situated within the same Registration Jurisdiction, then a single notice containing information of all properties and their title deeds is sufficient.

2) If the properties are situated within the different Registration Jurisdiction, then the separate notices have to be filed to the every Sub Registrar of whose jurisdiction the property (of which the title deeds are deposited) is situated. For such notices, the filing fees and document handling charges have to be paid separately.


Q12. Are any witnesses /agent required in Sub Registrar office?

No


Q13. Is bank representative required to remain present in Sub Registrar office ?

No.


Q14. In case of any doubt / grievances whom should be contacted?

1) In case of preparation of notices and related doubts please contact to your bank only.
2) In case of grievances, if any, regarding Sub Registrar office, please contact the following offices;

DIVISION PUNE

    Deputy Inspector General of Registration - Pune

    Taluka Haveli,
    District Pune,
    Office Mobile No : 8275090005
    Telephone No : 020-26119438
    Office Time : 10 : 00 AM to 05 : 45 PM

DIVISION MUMBAI

    Deputy Inspector General of Registration - Mumbai

    Taluka Mumbai City,
    District Mumabi,
    Office Mobile No : 8275090005
    Telephone No : 022-22665170
    Office Time : 10 : 00 AM to 05 : 45 PM

DIVISION THANE

    Deputy Inspector General of Registration - Thane

    District Treasury Building, Collectors Office Compound,
    Taluka Thane,
    District Thane,
    Pincode 400 061.
    Office Mobile No : 8275090110
    Telephone No : 022-022-25361254
    Office Time : 10 : 00 AM to 05 : 45 PM

DIVISION NASHIK

    Deputy Inspector General of Registration - Nashik

    Taluka Nashik,
    District Nashik,
    Office Mobile No : 8275090116
    Telephone No : 0253-2570852
    Office Time : 10 : 00 AM to 05 : 45 PM

DIVISION AURANGABAD

    Deputy Inspector General of Registration - Aurangabad

    Taluka Aurangabad,
    District Aurangabad,
    Office Mobile No : 8275090119
    Telephone No : 0240-2350343
    Office Time : 10 : 00 AM to 05 : 45 PM

DIVISION LATUR

    Deputy Inspector General of Registration - Latur

    Taluka Latur,
    District Latur,
    Office Mobile No : 8275090122
    Telephone No : 02382-248853
    Office Time : 10 : 00 AM to 05 : 45 PM

DIVISION NAGPUR

    Deputy Inspector General of Registration - Nagpur

    Taluka Nagpur,
    District Nagpur,
    Office Mobile No : 8275090125
    Telephone No : 0712-2053819
    Office Time : 10 : 00 AM to 05 : 45 PM

DIVISION AMRAVATI

    Deputy Inspector General of Registration - Amravati

    Taluka Amravati,
    District Amravati,
    Office Mobile No : 8275090128
    Telephone No : 0721-2666119
    Office Time : 10 : 00 AM to 05 : 45 PM


Credit Source: Registration & Stamp Department, Pune, Maharashtra

DISCLAIMER: The FAQ on Notice of Intimation and contents of this website is for general purpose and mere use and not constitute a piece of legal advice or remedies. We advise our users to take proper legal help from an Advocate or with Concern Department. e-stampdutyreadyreckoner.com will not be responsible for any claim arising out of the use of any of the mentioned information’s provided on this site.



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