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Procedure And Cost Of Stay Order
11-Jun-2023 (In Civil Law)
I got a notice from bank that my promoter taken loan from bank against my property. I am the land owner. So I need stay order. Please let me know the procedure and stay order fees in india. I am very poor.
Actually you need to file a suit for declaration along with permanent injunction to restrain the bank from taking possession in case of default of loan by your promoter. Cost is around 10k to get stay order.
regards
regards
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Adv. Suvajit Ghosh Dastidar
Kolkata | 200+ Answers
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What is the court fee for 1 crore?
Within 30 days after the district forum has passed an order, cases where the goods or services are valued at more than Rs 20 lakh rupees can be filed. The court fee is Rs. 2,000 for cases exceeding Rs. 20 lakh up to and including Rs. 50 lakh, while it is Rs. 4,000 for cases between Rs. 1 crore and Rs.
How are court fees calculated?
In the majority of civil cases, court fees are determined by the value of the property (movable or immovable) that is the subject of the lawsuit. In a partition suit, for example, the court fee will be determined by the market value of share on which the suit was instituted.
How long is a stay order valid?
According to the order of the supreme court, all stays will be valid for six months if no other order is given such as until further order or until next hearing. 1.
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