Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Sale Certificate Issued After Court Auction Not Compulsorily Registrable; Auction Purchaser Need Not Deposit Stamp Duty To Get It : Supreme Court
The Supreme Court clarified that a sale certificate issued after a court auction is not compulsorily registrable, and the auction purchaser need not deposit stamp duty for registration. The Court held that the sale certificate is a sufficient proof of ownership, and its registration is not mandatory. This ruling has clarified the procedural aspects of post-auction transfers, ensuring that auction purchasers are not burdened with unnecessary formalities, thereby streamlining the process of property transfers following judicial sales.