New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Which of the following is compulsorily registrable

    under the provision of the  Registration Act 1908?
    A Will Correct Answer Incorrect Answer
    B Deed of Adoption Correct Answer Incorrect Answer
    C Debenture Correct Answer Incorrect Answer
    D Gift deed of immovable property. Correct Answer Incorrect Answer

    Solution

    S. 17 of the Registration Act, 1908, lays down the documents that have to be registered. As per Section 17(1)(a) of the Registration Act, a gift deed has to be compulsorily registered, and charges have to be paid. Gift is as defined under the Transfer of Property Act, 1882- S. 122. “Gift” defined.—“ Gift” is the transfer of certain existing moveable or immoveable property made voluntarily and without consideration, by one person, called the donor, to another, called the donee, and accepted by or on behalf of the donee. Acceptance when to be made.—Such acceptance must be made during the lifetime of the donor and while he is still capable of giving. If the donee dies before acceptance, the gift is void.

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