https://www.taxtmi.com/caselaws?id=195256 A transfer by a member of a co-operative housing society of allotted shares, together with the superstructure, is exempt from compulsory registration under Section 42(a) of the Gujarat Co-operative Societies Act when the society is a tenant co-partnership society, because the land and superstructure vest in the society and the member transfers only the associated contractual and beneficial rights of occupation. In a tenant ownership society, however, a member may hold a personal interest in the superstructure or other immovable property, and that transfer is outside the exemption and requires a registered conveyance. On the facts stated, the transfer was treated as valid. en-us Tue, 18 Sep 1979 00:00:00 +0530 Tue, 24 Oct 2017 14:42:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=195256 A transfer by a member of a co-operative housing society of allotted shares, together with the superstructure, is exempt from compulsory registration under Section 42(a) of the Gujarat Co-operative Societies Act when the society is a tenant co-partnership society, because the land and superstructure vest in the society and the member transfers only the associated contractual and beneficial rights of occupation. In a tenant ownership society, however, a member may hold a personal interest in the superstructure or other immovable property, and that transfer is outside the exemption and requires a registered conveyance. On the facts stated, the transfer was treated as valid. Case-Laws Indian Laws Tue, 18 Sep 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=195256