Notifications under the Indian Stamp Act and constitution of a Sub Court at Katpadi in Vellore District

What this gazette contains

The Tamil Nadu Government Gazette, Part II, Section 2, dated 14th October 2020 carries two main sets of notifications that may matter to readers.

• The Commercial Taxes and Registration Department issued several notifications under the Indian Stamp Act, 1899.
• The Home Department, through G.O. Ms. No. 354, Home (Cts-III), dated 25th September 2020, constituted a Sub Court at Katpadi in Vellore District.

Insurance stamp duty notifications

The Commercial Taxes and Registration Department notifications mainly deal with consolidation of stamp duty payable on insurance policies issued by named insurers and offices.

They cover notifications for:

• New India Assurance Company Limited, Regional Office, Madurai.
• Life Insurance Corporation of India, P&GS Unit, Madurai.
• Life Insurance Corporation of India, New Business Department, Divisional Office, Sellur, Madurai.
• Life Insurance Corporation of India, New Business Department, Salem Divisional Office.
• Life Insurance Corporation of India, New Business Department, Tirunelveli.
• Life Insurance Corporation of India, Divisional Office-I, Chennai-2.
• New India Assurance Company Limited, Direct Agent's Branch, Chennai-2.

The gazette also amends earlier notifications for some insurers. The amendments shown in the text do the following:

• extend an earlier end date from 31st March 2020 to 31st January 2021,
• extend an earlier end date from 30th September 2020 to 31st December 2020,
• extend an earlier end date from 31st March 2021 to 31st March 2022,
• increase one consolidated duty figure from Rs. 25,00,000 to Rs. 40,00,000.

These notifications are relevant mainly to the named insurance companies and their specified offices, not to ordinary land buyers or property owners directly.

Sub Court at Katpadi

The Home Department notification in G.O. Ms. No. 354, Home (Cts-III), dated 25th September 2020 creates a Subordinate Judge's Court at Katpadi in Vellore District.

The gazette states that:

• the number of Subordinate Judges for Vellore District is altered as eleven,
• one Subordinate Judge is fixed for the Subordinate Judge's Court at Katpadi,
• Katpadi is fixed as the place where that court shall sit,
• the Principal Subordinate Judge's Court at Vellore will stop having original jurisdiction over the District Munsif Court, Katpadi,
• the local limits of the District Munsif Court, Katpadi become the local limits of jurisdiction of the Subordinate Judge's Court at Katpadi.

Who this affects

For most property readers, the court notification is the more practical part.

• People with civil matters connected to Katpadi may need to note that a Subordinate Judge's Court is constituted there.
• Lawyers and litigants in Vellore District may need to note the shift in jurisdiction linked to Katpadi.
• The insurance duty notifications mainly affect the listed insurers and their administrative compliance under the Indian Stamp Act.