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Section 12: Registration and Stamp Duty

Allotment of Sites on Lease- Hold Basis to Auto Spare Part Dealers and Auto Repair Mechanics in Chandigarh Scheme 1999Union territory Regulations of Chandigarh · 1952

The registration of lease deed is com­pulsory, The lessee shall bear all expenses in respect of the execution and regis­tration of lease deed including the stamp duty and registration fee payable, thereof in accordance with the law in force at the time of execution and registration.

*[12-A, Facility of loan. -Tiie lessee may, with the previous permission in writing of the Estate Officer, raise loan for the payment of premium or for busi- ncss/construction purpose from any of the Scheduled Banks situated in Chandigarh but in such case the first charge on the booth/shop site shall be retained by the Estate Officer, Union Territory, Chandigarh.]

1. Added vide Chandigarh Administration Gax (Extra) dated 14-06-2004 at page 619 344 Allotment of Silva on Lease-hold basis to Auto Spare Part Dealersand Auto Repair Mechanics in Chandigarh Scheme, 1999 .13. Time by which present site of business is to be vacated. - The auto repair mechanics and dealers in auto spare parts carrying on business at the present sites/shops which are not meant for the purpose shall vacate the misuse of the site/shop before taking over the possession of the new site and Shift to the new sites immediately on issue of allotment letters.14. If at any later stage, it is found that the allotment of site has been ob­tained fraudulently by furnishing false information or by suppressing material facts, the allotment shall be liable to be cancelled by the Estate Officer and the lessee shall be liable for prosecution, apart from being debarred from future allotment under this scheme. ****15. The site allotted under this scheme shall be used only for running busi­ness in auto spare parts or auto repair works as stipulated for the respective sites, and for no other trade under any circumstances.****16. Notwithstanding anything to the contrary the allotment of sites under this scheme, shall be subject to the provisions of the Capital of Punjab (Develop­ment and Regulation) Act, 1952, and Chandigarh Lease Hold of Sites and Build­ing Rules, 1973 and further such instructions and orders/amendments made here­under by the Chandigarh Administration from time to time.17. The "Allotment of Sites on Lease Hold Basis to Auto Spare Parts Deal­ers and Auto Repair Mechanics in Chandigarh, Scheme, 1996” is hereby repealed. *+**18. Any dispute concerning or arising out of these scheme shall be subject to be jurisdiction of the Courts located at Chandigarh.

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Where this provision sits

ActAllotment of Sites on Lease- Hold Basis to Auto Spare Part Dealers and Auto Repair Mechanics in Chandigarh Scheme 1999
Section12
Marginal noteRegistration and Stamp Duty
JurisdictionUnion territory of Chandigarh
StatusIn force as published by the source

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