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    <title>1989 (12) TMI 359 - BOMBAY HIGH COURT</title>
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    <description>An arbitration award concerning transfer of shares and membership in a tenant co-partnership co-operative housing society did not attract compulsory registration under section 17(1)(b) of the Registration Act, 1908, because the entitlement was treated as a society membership right carrying occupation of the flat, not an independent conveyance of immovable property; the objection to the award failed. The award also was not vitiated by the direction for payment by instalments, since an arbitrator may regulate the mode and time of payment as part of the substantive adjudication. The challenge to the award was rejected and the award was sustained.</description>
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    <pubDate>Mon, 11 Dec 1989 00:00:00 +0530</pubDate>
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      <title>1989 (12) TMI 359 - BOMBAY HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=284388</link>
      <description>An arbitration award concerning transfer of shares and membership in a tenant co-partnership co-operative housing society did not attract compulsory registration under section 17(1)(b) of the Registration Act, 1908, because the entitlement was treated as a society membership right carrying occupation of the flat, not an independent conveyance of immovable property; the objection to the award failed. The award also was not vitiated by the direction for payment by instalments, since an arbitrator may regulate the mode and time of payment as part of the substantive adjudication. The challenge to the award was rejected and the award was sustained.</description>
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      <pubDate>Mon, 11 Dec 1989 00:00:00 +0530</pubDate>
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