Hello Learned Members of the Bar
In Encumbrance certificate, there are two entries with respect to the same property
1st Entry - Deposit of Title Deeds if loan is repayable on Demand - Amount Rs.50,000
2nd Entry - Deposit of Title Deeds - Amount Rs.1,00,000
So what does this mean and what is the repayable amount ?
Is the repayable amount = 50,000 + 1,00,000 = 1,50,000
Is the repayable amount = 1,00,000 - 50,000 = Rs. 50,000
Thanx a lot in advance