Registration Act, 1908, Section 17, 49, Transfer of Property Act, 1882, Section 54 -- Immovable property - Distinction between "Sale" and "Contract for Sale" - Held, sale is complete upon execution of sale-deed and in case of an immovable property exceeding value of one hundred rupees, ownership or title to such property validly passes on to the purchaser, only upon..........
Agreement to sell -- Sale deed executed - Held, agreement does not survive when once the contract is concluded on execution of registered sale resulting in alienation, conveyance, assignment and transfer of title...........
Transfer of Property Act, 1882, Section 55 -- Sale deed - Cancellation - By execution of sale deed, seller conveys the ownership of property to purchaser - Seller cannot unilaterally cancel the conveyance or sale...........
Consumer Protection Act, 1986, Section 2(1)(g) -- Conveyance deed - Delay in execution allegedly by the petitioner and respondent - complainant had to pay the enhanced rate of stamp duty - As per policy of the petitioner - OP there was requirement of NOC from the borrowing authority and the same was submitted only after the enhanced rate of stamp duty which was notified by..........
Punjab Scheduled Castes Land Development and Finance Corporation Act, 1970, Section 33, Stamp Act, 1899, Section 47A -- Proviso to S.33 of the Act provides for exemption from payment of stamp duty to apply to the case of such instruments only as are specified in Schedule I-A to the Indian Stamp Act, 1899 - The provision is very clear and it indicates that for any..........
Consumer Protection Act, 1986, Section 2(1)(g) , 14(1)(d) -- Housing - Bungalow - Sale of - Conveyance deed - Non execution of in favour of complainant - respondent even after 7 years of delivery of possession - Direction by the Fora below for execution of conveyance deed upheld - The compensation of Rs. 10,000/ - awarded by the District Forum and affirmed by the State..........
Stamp Act, 1899, Section 47A(1), 2(10) -- Plot allotted by PUDA in the year 1987 - Allottee applied for conveyance deed in the year 1999 - PUDA executed conveyance deed in the year 2005 - Held, stamp duty will be changed as per market value of the plot in the year 2005 - However, allottee cannot seek remedy against PUDA in respect of late registration of conveyance deed...........
Stamp Act, 1899, Section 2(10), 47A -- Release deed or conveyance deed - Co-owners transferring their shares to other co-sharers who had pre-existing right in the property - Not a transfer rather it only amounts to an extension of their existing share - It does not amount to a sale or conveyance - Held, it is a release deed...........
Housing -- Sale of flat - Conveyance deed - Execution of deed - Plea that respondent/complainant has not implemented the assurance contained in his letter and not paid the additional sum of 15% of the total sale consideration - Contention of the respondent/complainant that agreement is fictitious and was never signed by him - Impugned order set aside and case remanded to..........
Stamp Act, 1899, Section 47A -- Rule 3-A - Allotment of land on instalments - Conveyance deed presented for registration after 10/12 years - Stamp duty is payable on the market value of property as on date of registration and not as per sale consideration mentioned in letter of allotment...........
