Supreme Court: No Registration Or Stamp Duty Required For Compromise Decree Acquiring Property With Pre-Existing Right

 According to the Court, a compromise decree would not require registration if the below mentioned three conditions mentioned under Section 17(2)(vi) are fulfilled: -“(i)There must be a compromise decree as per the terms of the compromise without any collusion;(ii)The compromise decree must pertain to the subject property in the suit; and(iii)There must be a pre-existing right over the