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Bombay HC Exempts IBC Auction Sale Certificates from Stamp Duty, Registration
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AdvertisementRajaram Food Products India Limited Vs Joint District Registrar (Bombay High The Bombay High Court considered a writ petition filed by an auction purchaser challenging an order dated 16.02.2026 passed by the Joint District Registrar directing payment of stamp duty on a sale certificate issued pursuant to the purchase of immovable property in liquidation proceedings under the Insolvency and Bankruptcy Code, 2016 (IBC).
The petitioner contended that the sale certificate was not compulsorily registrable and was only required to be entered in Book No.1 under Section 89(4) of the Registration Act, ...