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Indrani-Peter divorce case: Who will pay stamp duty of Rs 1 crore

As high-profile Sheena Bora murder case accused set off divorce proceedings with consent terms, officials say Indrani Mukerjea's and Peter Mukerjea's sprawling wealth will attract stamp duty that could easily top Rs 1 crore

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Indrani Mukerjea escorted to the family court from Byculla jail

Indrani Mukerjea escorted to the family court from Byculla jail

While Indrani and Peter Mukerjea happily signed consent terms for mutual separation in the family court on Tuesday, it is not known whether they know that both immoveable and moveable properties they have agreed to split will attract stamp duty. There is no mention of who will pay the duty.

The two will have to register their assets with the sub-registrar. Suresh Jadhav, additional controller of stamps, General Stamp Office, Mumbai, told mid-day: "Even in consent terms, both moveable and immovable properties attract stamp duty, which is calculated as per the present market value. The family court will send the signed consent papers to the Controller of Stamps for ascertaining if the document has been properly stamped or not, and on the basis of the valuation, they will have to pay the stamp duty, failing which the court will not pass any further order."

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