Section 48. Registered documents relating to property when to take effect against oral agreements

PART X OF THE EFFECTS OF REGISTRATION AND NON-REGISTRATION — 47. Time from which registered document operates. A registered document shall operate from the time which it would have commenced to operate if no registration thereof had been required or made, and not from the time of its registration. 48. Registered documents relating to property when to take effect against oral agreements. — All non-testamentary documents duly registered under this Act, and relating to any property, whether movable or immovable, shall take effect against any order agreement or declaration relating to such property, unless where the agreement or declaration has been accompanied or followed by delivery of possession[1] [and the same constitutes a valid transfer under any law for the time being in force: Provided that a mortgage as defined in section 58 of the Transfer of Property Act, 1882 (4 of 1882), shall take effect against any mortgage-deed subsequently executed and registered which relates to the same property.] — 49. Effect of non-registration of documents required to be registered. No document required by section 17[1] [or by any provision of the Transfer of Property Act, 1882 (4 of 1882)], to be registered shall— (a) affect any immovable property comprised therein, or (b) confer any power to adopt, or (c) be received as evidence of any transaction affecting such property or conferring such power, unless it has been registered: 1[Provided that an unregistered document affecting immovable property and required by this Act or the Transfer of Property Act, 1882 (4 of 1882), to be registered may be received as evidence of a contract in a suit for specific performance under Chapter II of the Specific Relief Act, 1877 (3 of 1877)[ 2] ,[3] * or as evidence of any collateral transaction not required to be effected by registered instrument.]