https://www.taxtmi.com/caselaws?id=168453 A partner's interest in partnership assets is a right to a share in the net realised assets on dissolution, not an interest in any specific immovable property during the subsistence of the firm. A document merely recording dissolution and relinquishment of partnership rights, without expressly conveying identifiable immovable property, does not operate as an instrument transferring immovable property and is not compulsorily registrable under the Registration Act. On that basis, the unregistered document was admissible. en-us Fri, 21 Jan 1966 00:00:00 +0530 Tue, 03 Mar 2015 14:26:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=168453 A partner's interest in partnership assets is a right to a share in the net realised assets on dissolution, not an interest in any specific immovable property during the subsistence of the firm. A document merely recording dissolution and relinquishment of partnership rights, without expressly conveying identifiable immovable property, does not operate as an instrument transferring immovable property and is not compulsorily registrable under the Registration Act. On that basis, the unregistered document was admissible. Case-Laws Indian Laws Fri, 21 Jan 1966 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=168453