FURTHER CHARGE-instrument of, that is to say, any instrument imposing a further charge on mortgaged property- — THE KRRALA STAMP ACT, 1959

FURTHER CHARGE-instrument of, that is to say, any instrument imposing a further charge on mortgaged property-

29 FURTHER CHARGE-instrument of, that is to say, any instrument imposing a further charge on mortgaged property- (a) When the original mortgage is one of the description referred to in clause \a) of article 36 (i. e. with Possession) f 'lr Five hundred rupees Two hundred and fifty rupees The same duty as a conveyance (No. 21) for a consideration equal to the value of the property of greater value as set forth in such instrument. The same duty as a conveyance (No. 21) for a consideraHon equal to the amount of the1urther charge secured by such instrument. , ..... ... St. No IJe,crtp twtt o/ l11stt wnent. (b) When such mortgage is ol)e of the description referred to in clause (b) of article 36 (i. e., without possession)- (i) If at the time of execution of the instrument of further charge possession of property is given or agreed to be given under such instrument (i1) If possession is not so given

Section 29