Supreme Court · 2022 INSC 1192 · Decided 10 November 2022

Registrar of Assurances & ANR. v. Asl Vyapar Private LTD. & Anr

Court
Supreme Court of India
Citation
2022 INSC 1192 · [2022] 11 S.C.R. 1098
Case number
CIVIL APPEAL No. 8281/2022
Decided
10 November 2022
Bench
SANJAY KISHAN KAUL, ABHAY S. OKA, VIKRAM NATH (3-judge bench)
Outcome
Dismissed
Case type
Civil
Acts & sections cited
Stamp Act Section 47A

Headnote

Indian stamp Act,1899 - s.47A - Reference - Answered - Held: s.47A has no application to a public auction carried out through Court process/receiver as it is the most transparent manner of obtaining the correct property - The independent determination of value of property by a Registering officer would not apply to a Court sale but to a private transaction - Interference by the Registering Authority on the aspect of price of transaction is unjustified - Reference is required to be

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