S.V. Chandra Pandian & Ors. vs S.. Sivalinga Nadar & Ors.
Whether an arbitration award allocating partnership assets (including immovable properties) upon dissolution requires compulsory registration under Section 17(1) of the Registration Act, 1908, to be enforceable as a decree of the court --- Held No, as a partner's interest in partnership property is movable property, and distribution upon dissolution does not create, assign, limit, or extinguish rights in immovable property requiring registration.
š Direct Access Blocked
For your security and to prevent unauthorized automated access, individual judgment links cannot be opened directly. Please access this content via Google Search or the TaxPundit Search Portal.