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G.O. 111 Cancelled By Telangana State Cabinet.

Telangana government on 26 April 2022 has announced that the State Cabinet has approved to Cancel/ Repeal the G.O. 111 which was issued in the year 1996 to protect the catchment area of Osman Sagar and Himayat Sagar from construction activities around the water bodies. G.O. 111 was issued to Protect and cater to the drinking water needs of the people living in the Greater Hyderabad Region. The state government stated they had overcome the issues with drinking water and had since created adequate alternate water resources. Utilizing the Sunkishala Intake Project and Mallanna Sagar, Hyderabad will not face a water crisis for another 100 years. The GO affects 83 villages and 1.32 lakh acres, and it will be tough for the residents to adapt if it were to be lifted at once. A committee has been appointed which is headed by the Chief Secretary along with officials of the Pollution Control Board (PCB) and state Forest Department to make a master plan to protect the tributaries of the Musi Riv...
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A Brief Summary Of The TSPDFE Act.

THE TELANGANA PROTECTION OF DEPOSITORS OF FINANCIAL ESTABLISHMENTS ACT, 1999. (ACT NO.17 OF 1999) This Act may be called the Telangana Protection of Depositors of Financial Establishments Act, 1999. It extends to the whole of the State of Telangana. In the brief introduction, the act has defined a few important definitions for a clear understanding of the act. Here  “deposit”  means the deposit of a sum of money either in lumpsum or installments made with a financial establishment for a fixed period, for interest or return of any kind.   “Financial Establishments”  means any person or group of individuals accepting a deposit under any scheme or arrangement or in any other manner but does not include a corporation or a cooperative society owned or controlled by any State Government or the Central Government or a banking company as defined under clause (c) of section 5 of the Banking Regulation Act, 1949. If the accused is with a motive to cheat and not return to the ...

How To Apply For An Encumbrance Certificate Offline?

An encumbrance certificate is a legally issued paper or document that certifies that a property is free of all financial and legal obligations. Aside from that, it displays the property’s condition and the total number and details of its previous owners. It also contains information on previous ownership transfers and all of the property’s mortgage obligations. The encumbrance certificate cannot be obtained for properties for which the mortgage has not been completed. Other states that do not have this facility will have to take the following steps:  Visit the office of the sub-registrar where the property was registered.  Fill out Form and submit it to the sub-registrar’s office with a non-judicial stamp or prescribed fees.  Make sure the form includes the complete residential address, property location, property descriptions, property survey number, and the property’s exact measurements and boundaries. Include copies of pertinent documents, such as the Sale Dee...

How to apply for An Encumbrance Certificate EC online?

An encumbrance certificate is a legally issued paper or document that certifies that a property is free of all financial and legal obligations. Aside from that, it displays the property’s condition and the total number and details of its previous owners. It also contains information on previous ownership transfers and all of the property’s mortgage obligations. The encumbrance certificate cannot be obtained for properties for which the mortgage has not been completed. Choose the option to use for an EC on the official land registration website of the particular State.  At the application for encumbrance certificates window, fill in all of the needed fields, then click save/update.  After entering the search period for which you require the EC, click on ‘Calculate Fee.’  You’ll be sent to the ‘Acknowledgement’ window after paying the necessary application charge and filing it. By selecting ‘View Acknowledgement,’ you wi...

When do you need an encumbrance certificate?

An encumbrance certificate is a legally issued paper or document that certifies that a property is free of all financial and legal obligations. Aside from that, it displays the property’s condition and the total number and details of its previous owners. It also contains information on previous ownership transfers and all of the property’s mortgage obligations. The encumbrance certificate cannot be obtained for properties for which the mortgage has not been completed. In general, an encumbrance certificate is required in the following situations:  EC for purchase: When buying a home, a non-encumbrance certificate is required to prove that you are dealing with the right person and that there are no outstanding loans on the property.  EC for loans: When you apply for a home loan to purchase a home, banks will often want an encumbrance certificate before accepting your application.  EC for the removal of PF: If you use your provident fund to make a down payment on a h...

What is a Nil Encumbrance Certificate?

An encumbrance certificate is a legally issued paper or document that certifies that a property is free of all financial and legal obligations. Aside from that, it displays the property’s condition and the total number and details of its previous owners. It also contains information on previous ownership transfers and all of the property’s mortgage obligations. The encumbrance certificate cannot be obtained for properties for which the mortgage has not been completed. When you apply for an Encumbrance Certificate, you will be asked to mention the period for which you need the data.  If there are no charges set on the property during the mentioned period, a “Nil Encumbrance Certificate” will be given. This means that no moneylender has placed a lien on the property throughout that time period. 

Know How is EC different from EC, CC, and OC

An encumbrance certificate is a legally issued paper or document that certifies that a property is free of all financial and legal obligations. Aside from that, it displays the property’s condition and the total number and details of its previous owners. It also contains information on previous ownership transfers and all of the property’s mortgage obligations. The encumbrance certificate cannot be obtained for properties for which the mortgage has not been completed. Buying a home is stressful, and purchasers frequently become confused by the various legal documents. The most prevalent misunderstanding is the difference between EC, CC, and OC. Refer to the following to understand the critical differences between the 3:  Encumbrance Certificate (EC): A legal document stating that a property is free of financial or legal liabilities.  Completion Certificate (CC): A legal document that is produced once the building has been completed according to the building plan and oth...