Certificate to purchaser
Full Text
Where a sale of immovable property has become absolute, the Court shall grant a certificate specifying the property sold and the name of the person who at the time of sale is declared to be the purchaser. Such certificate shall bear date the day on which the sale became absolute.
Plain English Summary
Mandates the grant of a formal Sale Certificate to the auction purchaser once the sale becomes absolute, constituting conclusive document of title bearing the date on which the sale became absolute.
Key Legal Elements
- Issuance of Sale Certificate: Mandatory statutory document of title issued under court seal.
- Specification of Boundaries: Accurate property schedule matching proclamation.
- Dating of Certificate: Formally bears date on which sale became absolute under Rule 92.
- Registration Exemption: Exempt from compulsory registration under Section 17(2)(xii) of the Registration Act, 1908.
Practical Note
Sale Certificate and Registration Law: 1. Landmark Precedent - B. Arvind Kumar v. Govt. of India (2007) 5 SCC 745: A Sale Certificate issued by a court under Order XXI Rule 94 does not require registration under Section 17(1) of the Registration Act, as it falls squarely within the statutory exemption of Section 17(2)(xii). Sending a copy to the Sub-Registrar under Section 89(4) of the Registration Act is sufficient to update the Book-1 encumbrance records. 2. Stamp Duty Requirement: While registration is exempt, stamp duty under the relevant State Stamp Act must be paid on the sale certificate before it is admitted in evidence.
हिंदी पाठ
जहां स्थावर संपत्ति का विक्रय अंतिम (Absolute) हो गया है, वहां न्यायालय एक प्रमाणपत्र (विक्रय प्रमाणपत्र / Sale Certificate) देगा जिसमें बेची गई संपत्ति और उस व्यक्ति का नाम विनिर्दिष्ट होगा जो विक्रय के समय क्रेता घोषित किया गया था। ऐसे प्रमाणपत्र पर उस दिन की तारीख होगी जिस दिन विक्रय अंतिम हुआ था।