Question
Which of the following is compulsorily registrable
under the provision of the Registration Act 1908?Solution
S. 17 of the Registration Act, 1908, lays down the documents that have to be registered. As per Section 17(1)(a) of the Registration Act, a gift deed has to be compulsorily registered, and charges have to be paid. Gift is as defined under the Transfer of Property Act, 1882- S. 122. “Gift” defined.—“ Gift” is the transfer of certain existing moveable or immoveable property made voluntarily and without consideration, by one person, called the donor, to another, called the donee, and accepted by or on behalf of the donee. Acceptance when to be made.—Such acceptance must be made during the lifetime of the donor and while he is still capable of giving. If the donee dies before acceptance, the gift is void.
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