Legal Question in Banking Law in India
My daughter availed a student loan for study abroad in August 2014. The bank is now asking me to pay stamp duty plus penalty. No notice had been served on me by anyone before imposition of such penalty. What shall I do ?
Asked on 4/22/16, 4:23 am
1 Answer from Attorneys
Fca Prashant Chavan
Expert Edge LLP
22.04.2016
Dear Sir / Madam,
If the Stamp Duty on the Agreement had not been paid then, you should ask the Bank to inform you in writing with reason(s) for this long delay in incurring the Stamp Duty. If the delay has been caused by the Bank, you can ask the Bank to incur the penalty amount.
Regards,
Answered on 4/22/16, 6:04 am
Related Questions & Answers
-
Creation of charge by MPFAC Act 1974, to whom has authority to decide to bank or... Asked 4/20/16, 7:27 am in India Banking Law
-
Owner of my company gave me a cheque of Rs. 60,000 as a full final payment. The date... Asked 4/18/16, 12:53 pm in India Banking Law
-
Owner of my company gave me a cheque of Rs. 60,000 as a full final payment. The date... Asked 4/18/16, 12:46 pm in India Banking Law
-
Can I stay against bank my wife is joint owner she file case for property and divorce Asked 4/17/16, 11:38 am in India Banking Law
-
What are the stages that we should follow to settle the loan which is not paid for 8... Asked 4/16/16, 2:49 am in India Banking Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
