Law · Registration Act
Identify the correct proposition regarding the registration of a consent decree under the Registration Act, 1908:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A consent decree creating a lease for six months requires compulsory registration.
- 2A consent decree based on a compromise always requires compulsory registration even if it relates only to the subject matter of the suit.
- 3A consent decree purporting to create a gift requires registration under Section 17(1)(a) and is not exempt under Section 17(2).✓
- 4A decree is completely exempted from registration under Section 17(2) under all circumstances.
Correct answer
A consent decree purporting to create a gift requires registration under Section 17(1)(a) and is not exempt under Section 17(2).
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