What is Adjudication of documents?
The process of valuing the immovable property and arriving at its market value and ascertaining the proper stamp duty is called ‘adjudication’. For the process of adjudication, one can apply to the Collector of Stamps along with copy of the agreement containing the details of the property.
Why is ascertaining and paying stamp duty necessary ?
According to The Maharashtra Stamp act 1958 and various Judicial Decisions, payment of Stamp Duty is mandatory on the documents or Deeds.
What will happen if documents are not stamped appropriately?
The documents which are insufficiently stamped or not properly stamped are inadmissible as evidence before the courts of law. Thus such documents are to be Impounded before Joint District Registrar and Collector of Stamps having the jurisdiction for the determination of proper stamps.
Why do I need a legal firm for this work?
The above mentioned norms are just an overview of the list of procedures that need to be executed for proper documentation. For example, even if the valuation of the property mentioned in the deed can not be ascertained, in that case also the deed is to be adjudicated before Joint District Registrar and Collector of Stamps having the jurisdiction. We provide services to our clients for Adjudication and Impounding of various documents and deeds as per government norms and regulations.
How can I book an appointment for consultation with G&K associates?
Clients seeking consultation regarding a smooth & hassle-free process for ‘Adjudication, Impounding & Registration of documents’ can contact us on the phone numbers/email-ids provided in the ‘Contact US’ section or can also click on ‘Request Consultation’ tab. The timings for appointments is also mentioned in the same.