https://www.taxtmi.com/caselaws?id=192508 An agreement to sell immoveable property that merely acknowledges earnest money and contemplates a future sale deed does not itself create or declare any present interest in the property. Because the instrument was only an executory contract, subject to the vendors proving title and executing a conveyance within the stipulated time, it fell within the Section 17 exception for documents that do not effect a present transfer. Earlier authorities on instruments that themselves recorded a completed sale were distinguished. The bargain-paper was therefore not compulsorily registrable and was admissible in evidence without registration. en-us Thu, 14 Jun 1883 00:00:00 +0521 Sat, 03 Jun 2017 14:43:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=192508 An agreement to sell immoveable property that merely acknowledges earnest money and contemplates a future sale deed does not itself create or declare any present interest in the property. Because the instrument was only an executory contract, subject to the vendors proving title and executing a conveyance within the stipulated time, it fell within the Section 17 exception for documents that do not effect a present transfer. Earlier authorities on instruments that themselves recorded a completed sale were distinguished. The bargain-paper was therefore not compulsorily registrable and was admissible in evidence without registration. Case-Laws Indian Laws Thu, 14 Jun 1883 00:00:00 +0521 https://www.taxtmi.com/caselaws?id=192508