News Article 2
[vc_row triangle_shape="no"][vc_column][vc_column_text]The Hon'ble Supreme Court in the case of M/s. Sms Tea Estates Pvt Ltd considered the issue of whether an arbitration clause contained in an unstamped and unregistered (which is compulsorily registrable) instrument is valid and subsisting. In regard to unregistered documents the Hon'ble Supreme Court came to a conclusion that Section 49 of the Registration Act, makes it clear that a document which is compulsorily registrable, if not registered, will not affect the immovable property comprised therein in any manner. It will also not be received as evidence of any transaction affecting such property, except for two limited purposes. First...
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