Rajasthan Government exempts the excess registration fees on transfer of Immovable property of sick MSMEs (dated – 13.07.2021) – Govt. of Rajasthan

  • 15th, July 2021
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Rajasthan Government exempts the excess registration fees on transfer of Immovable property of sick MSMEs (dated – 13.07.2021) – Govt. of Rajasthan

    • possession of such micro or small enterprise has been taken over by the RIICO, RFC, Financial Institutions or banks under section 29 of the State Financial Corporation Act, 1951 (Central Act 63 of 1951) or section 13 of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (Central Act No. 54 of 2002), as the case may be,  and sold to a new management; and (ii) Udyam Registration, Udyam Aadhaar, Entrepreneur Memorandum-2 (EM-2) or any other relevant evidence regarding the category of the enterprise is submitted at the time of registration of such instrument:
    • Provided that this notification shall also be applicable on the instruments pending for registration or reference before Sub-Registrar or adjudication before Collector (Stamps) or other Courts but registration fee already paid according to the provisions of the Registration Act, 1908 (Central Act No. 16 of 1908) shall not be refunded.

 

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