https://www.taxtmi.com/caselaws?id=276416 A compromise agreement concerning immovable property did not require registration because it was not the operative instrument creating or declaring rights; it merely recorded the settlement terms for a compromise decree to be drawn up by the court. A memorandum prepared only to secure a decree that would itself declare the parties' rights falls within the exemption from registration, so the unregistered document could be admitted in evidence. Section 49 did not apply to exclude it on the footing that it was not the document effecting the rights in question. The compromise decree based on that settlement was therefore valid. en-us Thu, 10 Aug 1939 00:00:00 +0530 Sat, 10 Nov 2018 12:26:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=276416 A compromise agreement concerning immovable property did not require registration because it was not the operative instrument creating or declaring rights; it merely recorded the settlement terms for a compromise decree to be drawn up by the court. A memorandum prepared only to secure a decree that would itself declare the parties' rights falls within the exemption from registration, so the unregistered document could be admitted in evidence. Section 49 did not apply to exclude it on the footing that it was not the document effecting the rights in question. The compromise decree based on that settlement was therefore valid. Case-Laws Indian Laws Thu, 10 Aug 1939 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=276416