Order No. 14210/C2/2020, Waiver of Fine for Belated Registration
The Inspector General of Registration, Chennai, through Order No. 14210/C2/2020 dated 31 July 2020, remitted delayed registration fines above Rs. 10 for Agreements relating to Deposit of Title deeds executed by industries in favour of banks. Issued following a request from the Commercial Taxes and Registration Department during the COVID-19 situation, the temporary relief applied from 1 August 2020 through 31 March 2021 and is no longer in force.
What the order did
The Inspector General of Registration, Chennai, issued Order No. 14210/C2/2020 dated 31 July 2020 to reduce fines for delayed presentation of certain bank-related documents. The relief responded to hardship faced by industries during the COVID-19 situation and followed Commercial Taxes and Registration Department letter No. 4237/12/2020-2 dated 16 July 2020.
The order covered Agreements relating to Deposit of Title deeds executed by industries in favour of banks. For these documents, any fine payable above Rs. 10 for delayed presentation or related delay was remitted. The intended result was a reduced fine not exceeding Rs. 10.
Who qualified
Order No. 14210/C2/2020 applied to an industry that executed an Agreement relating to Deposit of Title deeds in favour of a bank. Its definition of an industry was broader than entities formally described that way.
Key eligibility points were:
- An entity or person could qualify as an industry if the respective lending bank certified it as an industry.
- The document had to be an Agreement relating to Deposit of Title deeds.
- The agreement had to be executed by the industry in favour of a bank.
- The relief concerned fines for delayed presentation under the Registration Act, 1908.
Period and pending applications
Order No. 14210/C2/2020 came into force on 1 August 2020 and remained effective up to and including 31 March 2021. It therefore provided temporary relief rather than a continuing waiver.
The relief applied to:
- qualifying documents presented on or after 1 August 2020, during the stated period, and
- qualifying applications already pending with District Registrars for orders concerning the delayed presentation fines covered by the order.
Relevance for property and business records
Order No. 14210/C2/2020 may be relevant when reviewing the registration costs or history of a qualifying title deed deposit agreement handled during the stated period. It did not remove every charge connected with registration. It specifically remitted the portion of the applicable delay fine exceeding Rs. 10 for the covered agreements.
This summary is generated from the source document to help you find what is relevant. The PDF above is authoritative. For advice on your own property, use LandLens One or speak to a qualified professional.
Common questions
Was the delayed registration fine completely waived?
No. Order No. 14210/C2/2020 remitted only the amount above Rs. 10, leaving a reduced fine not exceeding Rs. 10.
Could an individual qualify as an industry?
Yes. An entity or person was treated as an industry if the respective lending bank certified that entity or person as an industry.
Did the relief apply to applications already pending before a District Registrar?
Yes. Order No. 14210/C2/2020 covered qualifying applications pending with District Registrars for orders concerning the specified delayed registration fines.
Can I claim this waiver for a document presented now?
The stated relief applied from 1 August 2020 up to and including 31 March 2021. The source does not provide for its application after that period.
