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Return property papers to borrowers within 30 days of repayment or pay Rs 5k/day for delay, RBI to banks

As part of Fair Practices Code and to make things uniform, RBI asked "REs to release all the original movable/immovable property documents and remove charges registered with any registry within a period of 30 days after full repayment/settlement of the loan account."
Bank On Reserve Bank Regulated Entities Fair Practices Code Property Papers Loan Papers

Court allows Aniksha Jaisinghani to get her father's signature on property papers | Mumbai news

Aniksha Jaisinghani, daughter of bookie Anil Jaisinghani, has been granted permission to obtain her fathers signature on a property deed relinquishing his rights over a shop in Ulhasnagar. Anil is currently in jail for allegedly trying to bribe and blackmail the wife of the deputy chief minister. The court allowed Aniksha to approach her father in prison to get the papers signed before a notary. The court also asked her to submit a copy of the documents within two days. Aniksha had been arrested...
Malabar Hill Amruta Fadnavis Devendra Fadnavis Karishma Jaisinghani Aniksha Jaisinghani Corruption Act

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