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What is the principal purpose of the Registration Act, 1908?
Answer & Solution
Correct answer: A.
1. Section 1 of the Act and the Lesson 15 introduction state the Act is the "law relating to registration of documents".
2. The object stated in the Learning Objectives is to give information about legal rights and obligations, to perpetuate documents of legal importance, and to prevent fraud.
3. Registration is of a document, not of a transaction.
4. (B) covers the Indian Stamp Act, 1899, (C) the Transfer of Property Act, 1882, and (D) the Indian Succession Act, 1925.
_Source: ICSI CS Executive Paper 1 (Jurisprudence, Interpretation & General Laws) — Lesson 15: Registration Act, 1908, pp. 375-388._
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