The state of Karnataka launched a state-of-the-art Electronic Stamping (e-Stamping) facility in collaboration with the Stock Holding Corporation of India Limited (SHCIL). Launching the facility, Governor Rameshwar Thakur said “the measure will certainly facilitate both good governance and prevention of corruption.”
Initially the e-Stamping will be available at select sub-registrar offices at Gandhinagar, Jayanagar, Shivajinagar, SHCIL offices, Koramangala, Jayanagar, Malleswaram and Lawyer's Association at Civil Court Complex. The government and SHCIL plan to roll out the facility across the state later.
SHCIL Chairman and Managing Director R C Razdan said “the corporation was in advanced talks with Maharashtra, Delhi, Bihar and Tamil Nadu for establishing e-Stamping facility.” Under the facility, those registering properties and other documents could make payment of stamp duty and registration charges to SHCIL.