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    <title>1994 (4) TMI 397 - Supreme Court</title>
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    <description>An instrument is compulsorily registrable only when it itself creates, declares, assigns, limits or extinguishes rights in immovable property. A private arbitration award that merely recognises a pre-existing half-share, based on the party&#039;s contribution to consideration and existing entitlement from the date of purchase, does not create a new right and is not caught by compulsory registration. Such an award may therefore be relied on as supporting title where it only records or declares an already existing interest. Authorities dealing with awards or instruments that created or altered title for the first time were distinguished on that basis.</description>
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    <pubDate>Tue, 26 Apr 1994 00:00:00 +0530</pubDate>
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      <title>1994 (4) TMI 397 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=199921</link>
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