Creating a pool of recievables in one document paying stamp

Querist : Anonymous (Querist) 19 May 2010 This query is : Resolved
Please suggest weather the practice by the various banks and nbfc of assigning thier recievables to their Svps entities and clubing them at one place to get them the document stamped and registered is legally sound though it is a popular practice or weather the documents should be registered or stamped where the property on which the interst is created situate.

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