Tuesday, May 4, 2010

Registration Act, 1908

Registration Act, 1908—Section 49, Proviso—Held, an unregistered sale deed of an immovable property of the value of Rs. 100/- and more could be admitted in evidence as evidence of a contract in a suit for specific performance of the contract—Such an unregistered sale deed can also be admitted in evidence as an evidence of any collateral transaction not required to be effected by registered document—When an unregistered sale deed is tendered in evidence, not as evidence of a completed sale, but as proof of an oral agreement of sale, the deed can be received in evidence making an endorsement that it is received only as evidence of an oral agreement of sale under the proviso to Section 49 of 1908 Act.

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