Exclusive HOLI Discounts!
Get Courses and Combos at Upto 50% OFF!
Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Sam (Engineer)     05 August 2011

Correction in memorandum registration

Hi,

Recenty i have applied for the housing loan in SBI. The bank wanted me to register a memorandum in a 5000RS stamp paper. I have registered it in coimbatore periyanayakanpalayam registrar office and submitted to the bank. During the verification in bank we found the boundaries are mentioned wrong. Bank rejected it and asked me to correct it and give it back. 

I went back to the document writter saying to correct that. He said the document was already scanned in register office and they sent the CD to Chennai. They said at this point we can't do the correction. They said I have to cancel the registered memorandum and I have to register a new one. They also said, now the Tamil Nadu gov. have raised the memorandum registration charges and it will cost around Rs.17,000/- they said.

Can someone let me know the following.

1. Can we able to correct a registered memorandum?

2. If so what is the procedure? If not what are the other options?

3. How much amount I need to spend?

Thanks!



Learning

 2 Replies

Raj Kumar Makkad (Adv P & H High Court Chandigarh)     05 August 2011

1. Yes

2. Get registered corrected memorendum mentioning earlier fault.\.

3. No idea. Better enquire personally from the office of registrar.

Sam (Engineer)     10 August 2011

Thanks for the response Raj.


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register