A sale certificate issued pursuant to a public auction under the IBC is not compulsorily registrable under Section 17(1) of the Registration Act - Bombay HC
Rajaram Food Products India Limited v. Joint District Registrar (Class-1) and Collector of Stamps, Nashik & Ors. 2026 SCC OnLine Bom 5936 | Writ Petition No. 3018 of 2026 | Decided on 14 July 2026 Coram: Manish Pitale and Shreeram V. Shirsat, JJ. Introduction The Bombay High Court, in Rajaram Food Products India Limited v. Joint District Registrar (Class-1) and Collector of Stamps, Nashik & Ors. , has reaffirmed an important proposition concerning the stamp-duty and registration consequences of sale certificates issued pursuant to auction sales conducted during liquidation proceedings under the Insolvency and Bankruptcy Code, 2016 (“IBC”). The Court held that a sale certificate issued by a liquidator following a public auction under the IBC is not compulsorily registrable , and that where the certificate is merely forwarded to the registering authority for being filed in Book No. 1 under Section 89(4) of the Registration Act, 1908 , no stamp duty or r...