https://www.taxtmi.com/caselaws?id=311453 A sale certificate issued by the authorised officer in a SARFAESI public auction falls within the exemption in Section 17(2)(xii) of the Registration Act, so it is not compulsorily registrable. Title vests in the auction purchaser on confirmation of sale, and the certificate serves only as evidence of that title. The Court also held that Section 89(4) requires the registering officer to file or scan a copy of the sale certificate in Book No. 1, so refusal to do so was unjustified. The demand to treat the certificate as a sale deed and levy stamp duty under the Indian Stamp Act was rejected. en-us Fri, 31 Aug 2018 00:00:00 +0530 Wed, 27 Dec 2023 09:01:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=311453 A sale certificate issued by the authorised officer in a SARFAESI public auction falls within the exemption in Section 17(2)(xii) of the Registration Act, so it is not compulsorily registrable. Title vests in the auction purchaser on confirmation of sale, and the certificate serves only as evidence of that title. The Court also held that Section 89(4) requires the registering officer to file or scan a copy of the sale certificate in Book No. 1, so refusal to do so was unjustified. The demand to treat the certificate as a sale deed and levy stamp duty under the Indian Stamp Act was rejected. Case-Laws Indian Laws Fri, 31 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=311453