No Stamp Duty on Flat Transferred as per Divorce Settlement: SC

Arun Rameshchand Arya Vs Parul Singh (Supreme Court of India) Supreme Court of India resolved a transfer petition filed by Arun Rameshchand Arya, seeking to shift a divorce case from Mumbai to Delhi. During the proceedings, both parties opted for mutual consent divorce and filed applications under Article 142 of the Constitution. The primary issue in dispute was a jointly owned flat in Kalyan (West), Maharashtra. While both individuals made claims regarding the source of funds used for purchasing the property, the husband ultimately agreed to relinquish his rights. In return, the wife, Parul S...