The Government of Punjab on July 23, 2024, issued the Registration (Punjab Amendment) Act, 2023, to further amend the Registration Act, 1908, in its application to the State of Punjab.
This shall come into force on July 23, 2024.
The following has been amended in section 17 which states “Documents of which registration is compulsory” namely: -
• In sub-section (1), clause (f) shall be inserted "(f) any certificate of sale granted to the purchaser of any property sold by public auction by a Civil or Revenue Officer or Civil Court or any authority, under law.".
• Sub-section (1B) shall be inserted "(1B) Notwithstanding anything contained in section 59 of the Transfer of Property Act, 1882 (4 of 1882), any instrument or agreement relating to the deposit of title deeds (Equitable Mortgage), where such deposit has been made by way of security for the repayment of a loan or an existing or future debts, shall be registered.".
• In sub-section (2), clause (xii) shall be omitted.
[Notification no. - 7-Leg./2024]
