Sarojini T.E. and Manu Valley T.E. were allowed without the exemption order from the Revenue Department, Government of Tripura under Section 178(1) of the TLR & LR Act, (2) the mutation orders were passed without any registered instrument. Hence, the Government of Tripura did not get any stamp duty for such type of transfer of the ownership. The SDM, Kailashahar had estimated the loss of revenue at Rs.45,14,780/- in respect of Manu Valley T.E., Rs.14,60,481/in respect of Kalishasan T.E. and Rs.4,31,144/- in respect of Sarojini T.E. and thus there was violation of Section 54 of the Transfer of Property Act, 1882 and Section 49 of the Indian Registration Act, 1908 and (3) mutations were allowed on the basis of the Company Application No.624 of 2001 in the High Court at Calcutta under Sections 391 and 394 of the Companies Act, 1956. According to the said status report, the provisions contained in Section 108 of the Companies Act, 1956 provide that a company shall not register transfer of shares or debentures of the company unless a proper instrument of transfer, duly stamped are executed by or on behalf of the transferor or the transferee/s on specifying the name, address and occupation. On the other hand, any mutation prayer on the basis of any decree of the court should be submitted to the District Collector [see Rule 81 of TLR&LR Rules 1961]. Thereafter, the District Collector shall cause necessary entries to be made in the Mutation Register. But no such order was obtained from the District Collector. In respect of 2 (two) other tea estates, namely Golakpur T.E. and Jagannathpur T.E., it has been observed that without taking exemption order under
