( 1 ) THIS is a reference made under Section 54 (1a) of the Bombay Stamp Act, 1958 (Bombay Act No. 60 of 1958) by the Chief Controlling Revenue Authority, Gujarat State, Ahmedabad, who dismissed the revision application against the order passed by the Collector of Stamps, Surat imposing a duty of Rs. 27,191. 50 Ps. (Rupees twenty seven thousand one hundred ninety one and fifty paise) together with a penalty of Rs. 5. 00 (five) an agreement purportedly relating to deposit of title deeds, which came to the notice of the Collector of Stamps, Surat.

( 2 ) FACTS :- the applicant - M/s. Shailesh Textile Industries is a registered partnership firm and carries on business in textile through its 7 partners. The applicant-firm wanted to avail of loan and credit facilities and, therefore, approached Dena Bank, which is a corporate body and a nationalised bank under the provisions of Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 (hereinafter referred to as "dena Bank" for short ). On 24/08/1974, Dena Bank sanctioned a term loan of Rs. 1,10,000. 00 (Rupees one lac ten thousand only) and also an advance of Rs. 10,00,000. 00 (Rupees ten lacs) under I. D. B. I.