Supreme Court · 2003 INSC 59 · Decided 5 February 2003
N. Khadervali Saheb (Dead) BY LRS. and ANR. v. N. Gurusahib (Dead) and ORS.
- Court
- Supreme Court of India
- Citation
- 2003 INSC 59 · [2003] 1 S.C.R. 868
- Case number
- CIVIL APPEAL No. 5680/1994
- Decided
- 5 February 2003
- Bench
- M.B. SHAH, ASHOK BHAN, ARUN KUMAR (3-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- CPC; Arbitration Act Section 30; Registration Act Section 17, 17(I)
Headnote
Registration Act, 1908-Section 17-Award distributing assets on dissolution of partnership-Registration of award-Requirement for -Held, C award does not require registration, since the award does not transfer or assign interest in any asset. On dissolution of a partnership firm, the assets were The question for consideration in these cases was whether such an award amounts to D creation of or transfer of any fresh rights in movable or immovable properties so as to bring it with'in the ambit of Section 17 of the Registration Act, 1908. Allowing the appeals, the Court E .. HELD: 1. On
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