Jharkhand Stamp Duty Memo Struck Down; Court Holds Extra Approval Requirement for Cooperative Societies Illegal and Burdensome for Property Registration: Supreme Court

In a landmark decision aimed at simplifying property transactions, the Supreme Court has struck down a 2009 memorandum issued by the Jharkhand Registration Department. The bench of Justices Pamidighantam Sri Narasimha and Atul S. Chandurkar termed the memo “illegal,” observing that it served no purpose other than delaying legitimate property transfers by housing cooperative societies. Background Of The Dispute The dispute arose when the Principal Secretary of Jharkhand’s Registration Department…