Dissolution deed

ravi shankar (Querist) 28 November 2013 This query is : Resolved
Sir

we have released documents from bank after payment of entire loan

Now we want do dissolution deed with sub registrar
Please send me a draft of the same and procedure

Shivanand
9845906798

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Advocate M.Bhadra (Expert) 28 November 2013
A bank cannot hold on to property documents after a person has re-paid his housing loan.Then you need only return of Title Deed,Discharge Certificate of Loan and Zero Balance Bank Statement.Bank not creates equitable mortgage for housing loan.

Generally Deed of Dissolution is required for dissolving of the Partnership Firm.Please send the facts.

ravi shankar (Querist) 29 November 2013
Sir
Thanks for quick reply

We are received all the original docs from Bank + NOC (Title Deed,Discharge Certificate of Loan and Zero Balance Bank Statement)

Bank advised to cancel HP (Sub register) for encumbrance cert.

Submit dissolution deed for HP cancellation

Here banker created. equitable mortgage for housing loan.

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