1. The petitioner before this Court has filed this present petition being aggrieved by the order dated 27.12.2004 passed by the Board of Revenue, by which the orders passed by the Collector Stamps, Mandsaur dated 22.11.96 has been set aside.

2. The petitioner-State is aggrieved by the order of the Board of Revenue, by which the respondents have been held to be eligible for exemption from payment of stamp duty. It has been argued by the learned counsel appearing for the petitioner-State that the respondents No. 1 to 6 obtained a loan from the respondent No.7 State Bank of India and a mortgage deed was executed on 29.1.87. Learned counsel has also argued before this Court that as per the loan agreement executed between the parties and the mortgage deed executed by the respondents No. 1 to 6, a loan was granted for agricultural purposes, however in the mortgaged deed it was categorically stated that cash credit limit is being granted to the tune of Rs.8,75,000/- and the loan for purchasing drilling machine truck, jeep amounting to Rs.21,00,000/- is being granted. Learned counsel for the petitioner has argued before this Court that as the loan was granted for purchasing the drillin