Transfer of Property Act, 1882, Section 54-- Sale deed - Part payment to be made in future - Recital in sale deed that if the remaining sale consideration was not paid by a particular date the sale will be deemed to be cancelled - Held, it does not by itself reflect the true intention of the parties that plaintiff did not want to transfer..........
Transfer of Property Act, 1882, Section 54, 5, 7, Contract Act, 1872, Section 2, 10, 11, Guardians and Wards Act, 1890-- Majority Act, 1875 - Minor's property - Sale by general power of attorney holder - Would not be a person competent in law to contract - Permission to sell not obtained - Therefore no valid title could be transferred...........
Transfer of Property Act, 1882, Section 54-- Sale - By illiterate lady - Consideration - Third party raising objection as to non passing of consideration whereas executant of sale deed never denied receipt of sale consideration - Objection not entertained and sale deed held to be not without consideration...........
Transfer of Property Act, 1882, Section 54-- Sale deed of entire property of vendor - Four anna share of vendor never questioned by anybody - Held, purchaser entitled to four anna share of vendor...........
Transfer of Property Act, 1882, Section 54-- Sale - Absence of consideration - Not challenged by vendor during his life time despite litigation - His successors are not entitled to challenge sale on that ground...........
Transfer of Property Act, 1882, Section 54, 122-- Sale or gift - Widow executing gift deed on condition that donee should pay certain amount per month towards her maintenance - It is outright sale and not a gift deed...........
Transfer of Property Act, 1882, Section 54-- Sale - Passing of consideration - Not a prerequisite or condition precedent for sale or transfer of ownership of immovable property...........
Transfer of Property Act, 1882, Section 54-- Value of property if more than Rs.100/- but sold for less than Rs.100/-, it requires registration - S.54 comprehends the value of the property as distinguished from the purported consideration of alienation...........
Transfer of Property Act, 1882, Section 54-- Repurchase - Agreement for repurchase is not always a privilege or concession - Whether it is mere option to repurchase or an ordinary agreement for sale and purchase depends on terms of agreements...........
Transfer of Property Act, 1882, Section 54-- Repurchase - Agreement whether confers only an option of repurchase - Agreement that original owner must get sale deed registered after 5 years and before expiry of 6 years from date of original sale - Consideration to be paid also stipulated and that seller shall not receive consideration before..........
