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July 2008

Gift of share in immovable property in a co-operative society requires registration : Registration Act S. 17(1)(A)

By Dr. K. Shivaram, Ajay R. Singh, Advocates
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19 Gift of share in immovable property in a
co-operative society requires registration : Registration Act S. 17(1)(A)


The gift of share in immovable property in a co-operative
society or a gift of share in the society, which has the effect of transfer of
rights over the immovable property, is not exempt from being registered.

[ Brigadier Harjit Singh v. M/s. Rangmahal Theatre,
AIR 2008 (NOC) 1334 (Bom.)]

 


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