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‘Sale’ is co-terminus with registration of a new motor vehicle: Supreme Court
Ashok KM
29 Jan 2016 8:22 PM IST
A motor vehicle remains in the category of unascertained or future goods till its appropriation to the contact of sale by the seller is occasioned by handing over its possession at or near the office of registration authority in a deliverable and registrable state, the Court said.The Supreme Court, on Friday has observed that though in practical terms sale precedes the event of registration,...
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