122.
Identity the correct proposition:
A:
A decree is not exempted from registration under section 17(2) of the Registration Act,1908.
B:
A consent decree purporting to create a gift does not require registration under section 17(1)(a) and is not exempt from registration under section 17(2) of the Registration Act, 1908
C:
A consent decree purporting to create a gift does not require registration under section 17(1)(a) and is not exempt from registration under section 15(2) of the Registration Act, 1908
D:
A consent decree purporting to create a git is exempted from registration under section 17(2) of the Registration Act, 1908.
The answer is:
B