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Informative

Title to Immovable Property cannot be Transferred based on Unregistered Instrument: NCLAT

Update / Judgement Date

13 Jan 2025

Source

Taxscan

Author

Team — WCP Legal Desk

Reading Time

1 min read

Insolvency & Bankruptcy Code

The NCLAT has ruled that title to immovable property cannot be transferred based on an unregistered instrument. This decision emphasizes that any transfer of property rights must be formally documented and registered according to the law. The ruling clarifies that unregistered instruments lack legal validity in the transfer of property, ensuring that transactions involving immovable assets adhere to proper legal standards.