Deed of Hypothecation Typing for Project Finance: AI-Powered DOCX in Minutes

What a Deed of Hypothecation Contains

A project finance deed of hypothecation is a security deed that creates a charge over movable assets without transferring possession. The parties typically include the borrower (often a special‑purpose vehicle set up for an infrastructure project), a security trustee acting for the lenders, and the consortium of banks or financial institutions. The instrument recites the loan facility, a rupee loan, an external commercial borrowing (ECB) facility, or a mix, and the underlying concession agreement (commonly a DBFOT project). Its operative part grants the hypothecation over project receivables, escrow accounts, bank guarantees, insurance proceeds, and movable plant. Representations, covenants, and a detailed list of events of default follow. Schedules then itemise the charged assets, the escrow agreement, and the conditions precedent to financial close.

Why Project Finance Sponsors Need a Typed Digital Copy

After financial close, the executed security deed is scanned and stored, but a scanned PDF or image is static. Lenders, internal compliance teams, and legal counsel need a searchable, editable text version they can copy from, redact, compare across amendments, or feed into contract‑review tools. When a project undergoes restructuring or a lender transfers its participation, a typed digital copy of the original deed lets the team extract definitions, covenant language, and schedule items without manually retyping dozens of pages. In litigation or arbitration, a working digital copy also makes it easier to prepare excerpts, mark up clauses, and integrate the deed into case documents, all without risking damage to the original wet‑signed instrument.

AI‑Powered Typing vs. Certified True Copy: When Each Applies

Lekhak’s instant AI typing output is a faithful digital working copy of your scan, formatted in DOCX, ready for internal use, drafting, and review. It is not a certified true copy. If the document must be presented as evidence in court or filed with a regulatory authority, a certified true copy must be obtained from the Sub‑Registrar’s office where the deed was registered, or from a notary public. The AI‑typed copy fills the everyday operational gap: speed, searchability, and editability, without waiting for a government‑issued duplicate. For most sponsor‑side diligence, internal reporting, and contractual analysis, the AI output is exactly what the team needs, a clean, structured, instantly usable working version of the original.

What Lekhak’s AI Typing Produces

Upload a scanned PDF or a clear image of the deed. Lekhak’s typing service processes the file through an AI‑driven recognition pipeline, not human manual typing, and returns a formatted DOCX in minutes, not hours or days. The output preserves the original layout, paragraph breaks, numbered clauses, indents, and tables. Typographical errors in the scan are reproduced accurately; the AI does not interpret or correct legal language. The service costs 25 Lekhak credits per page (see lekhak.app/pricing for current credit pack options). New users start with 250 free credits, enough to type a moderately sized security deed without any upfront payment. The DOCX is delivered digitally; no couriers, no sign‑offs, no agency‑style hand‑holding.

Indian State‑Wise Variations in Deed Formats

Stamp paper value and registration fee structures differ from state to state. A deed of hypothecation executed in Maharashtra will carry stamp duty calculated per the Maharashtra Stamp Act schedule, while one signed in Punjab follows the Indian Stamp Act, 1899 as applicable in that state, with Punjab’s own registration fee rules. The format of the deed, bilingual headings in some states, variations in the schedule of properties, and local practice around annexures, also shifts. Lekhak’s typing engine handles these variations passively: the output mirrors whatever appears in the uploaded scan. From our experience with documents similar to project finance security deeds, sponsors frequently need a consistent digital copy that reflects the state‑specific stamp and registration details exactly as they appear on the paper instrument, without accidental reformatting.

Statutes Governing Deeds of Hypothecation in India

The legal framework of a project finance hypothecation draws on several key statutes. The Indian Contract Act, 1872 governs the contractual validity of the deed and the obligations between borrower, security trustee, and lenders. The Transfer of Property Act, 1882, though primarily dealing with immovable property, informs the creation of charges on movable assets through hypothecation. The SARFAESI Act provides enforcement remedies for secured creditors. Under the Companies Act, 2013, the charge created by a deed of hypothecation must be registered with the Registrar of Companies (ROC). Finally, the Registration Act, 1908 may apply if the instrument is compulsorily registrable, a typed copy alone does not satisfy registration requirements.

How to Obtain a Duplicate Deed from the Sub‑Registrar

If the original deed of hypothecation is lost or cannot be located, a certified copy can be retrieved from the Sub‑Registrar’s office in whose jurisdiction the deed was registered. The applicant, typically the borrower, security trustee, or an authorised representative, must file a formal application citing the registration number, date of registration, and book/volume details where the deed is recorded. The process may require an affidavit and prescribed fees. Each state’s registration department follows its own procedural rules, but the core steps are broadly similar. Once issued, the certified copy carries the Sub‑Registrar’s seal and signature and serves as secondary evidence of the original deed for legal and regulatory purposes.

Frequently Asked Questions

What file types can I upload for deed typing?

Lekhak accepts scanned PDFs and clear images in JPG, PNG, or WebP format. The file should be legible, with all pages included. Skewed or low‑contrast scans may reduce output quality, so we recommend using a flatbed scan at 200 dpi or higher.

How quickly do I receive the typed DOCX?

The typed DOCX is ready in minutes, not hours or days. Processing time depends on file size and page count, but most deed‑size documents complete within a few minutes. You can download the output immediately from your Lekhak dashboard once processing finishes.

Is the typed DOCX a certified true copy?

No. The AI‑typed output is a faithful digital working copy of your scan, useful for drafting, internal review, and collaboration. If you need a certified true copy for court evidence or regulatory filing, you must obtain it directly from the Sub‑Registrar or a notary.

Does Lekhak provide notarisation or apostille for the typed deed?

Lekhak does not perform notarisation, apostille, or embassy attestation. These are separate government acts arranged by the document holder with the competent authority. The typed DOCX is a digital working copy meant for internal use and preparation.

Can Lekhak type a deed in Hindi, Marathi, or another Indian language?

Yes. The typing service works with the language of the original scan. If your deed is in Hindi, Marathi, Tamil, or any of the 22 supported Indian languages, the output DOCX will be in the same script and language, no translation involved. If you later need the typed content translated into English or another language, Lekhak’s AI translation (and on‑demand certified translation) can handle that.

How accurate is the AI typing for legal documents?

The AI engine reproduces the scanned text faithfully, including typographical errors, inconsistent spellings, and formatting quirks. It does not correct or interpret the content. In our experience with similar project finance documents, the output matches the visual scan with high precision, but we recommend a quick review before using the DOCX in formal settings.

How much does document typing cost on Lekhak?

Typing costs 25 Lekhak credits per page. Credit packs are available at lekhak.app/pricing. New users receive 250 free credits at signup, no credit card needed, which covers a good portion of a typical security deed.

Can I type only specific pages of a multi‑page deed?

Yes. You can upload only the pages you need typed. The pricing is per page, so you pay only for what you submit. Many sponsors use this feature to extract key schedules or the event‑of‑default clause without typing the entire deed.

What happens if the scanned deed has handwritten annotations?

The AI will attempt to capture handwritten text, but legibility is critical. Clear, well‑separated handwriting usually converts well; heavy cursive, overlapping notes, or faint pencil marks may not reproduce accurately. For critical hand‑noted amendments, verify the output carefully.

Does the typed DOCX include security features like watermarks or signatures?

The output DOCX contains the typed text and approximate layout of the original, but not digital watermarks, embedded signatures, or stamp‑paper security threads. Those remain features of the physical original. The DOCX is a plain‑text reproduction for working convenience, not a forensic duplicate.