Just a moment...

Top
FeedbackReport
×

By creating an account you can:

Logo TaxTMI
>
Feedback/Report an Error
Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home / RSS

Consent Decree Exempt from Registration and Stamp Duty, Affirms Existing Rights and Grants Land Possession.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....The SC held that the compromise decree acquired by the appellant through the suit did not require registration u/s 17(2)(vi) of the Registration Act, 1908, as it pertained to the subject matter of the suit. The consent decree did not operate as a conveyance to attract stamp duty under Article 22A of Schedule 1A of the Indian Stamp Act, 1899, as the appellant merely asserted pre-existing rights without creating new rights. Consequently, the appellant was entitled to possession of the subject land without interference from Respondent No.2 and to get his name recorded in revenue records. The appeal was allowed.....