Tamil Nadu Government Gazette, No. 45, Part II, Section 2, 11 November 2015

What the Gazette covers

Tamil Nadu Government Gazette No. 45, Part II, Section 2, published by the Government of Tamil Nadu on 11 November 2015, contains notifications and orders affecting particular sections of the public. The supplied text includes measures issued by the Commercial Taxes and Registration Department, the Higher Education Department and the Home Department.

Attachment relating to Madurai financial establishments

G.O. Ms. No. 721, Home (Police XIX), dated 12 October 2015, records complaints that Madurai Rural Development Transformation India Private Limited, Madurai Rural Development Benefit Fund India Limited and a sister concern had failed to return deposits after maturity.

Key provisions are:

• The Home Department made an interim attachment of movable properties described as frozen bank amounts.
• The schedule identifies bank accounts connected with the companies and G. Ramarathinam, including accounts at Axis Bank in Madurai.
• Control over the attached amounts was transferred to the Competent Authority and District Revenue Officer, Madurai District.
• The Competent Authority was directed to take further action under the applicable procedure.
• The Special Public Prosecutor for the Special Court in Madurai District was asked to assist with the required court application.

The attachment concerns the bank amounts listed in the schedule. The supplied text does not identify any land or building as attached property.

Consolidated stamp duty notifications

The Commercial Taxes and Registration Department issued several orders consolidating stamp duty for specified transactions:

• G.O. (Rt.) No. 407, dated 6 October 2015, covers policies issued by the New India Assurance Company Limited through its Chennai divisional office.
• G.O. (Rt.) No. 408, dated 6 October 2015, covers secured debentures issued by Newlink Overseas Finance Limited.
• G.O. (Rt.) Nos. 413, 414 and 415, dated 12 October 2015 and 13 October 2015, cover specified policy issues by the Life Insurance Corporation of India and National Insurance Company Limited.
• G.O. (Rt.) No. 412, dated 12 October 2015, changes the date in an earlier notification from 30 June 2015 to 31 August 2015.

These notifications concern the named insurance and finance transactions. They do not state a general stamp duty rate for land purchases.

Other appointments

The Commercial Taxes and Registration Department appointed additional judicial members to the Sales Tax Appellate Tribunal in Chennai and Coimbatore. The Higher Education Department, through G.O. (1D) No. 244, dated 23 October 2015, nominated Dr. A. Narayanamoorthy to the Syndicate of Alagappa University for three years from 21 August 2015.