Tag: Transfer of Property Act 1882
Rights on An Immovable Property transferred Under an Agreement To Sell are not Conveyance Of Ownership: Supreme Court
In a recent judgment, passed in the matter of Munishamappa v.M.Rama Reddy and Ors.,[1]the Hon’ble Supreme Court (“SC”) clarified the fundamental principle of the conveyancing of immovable property, under section 54 of the Transfer of
Auction Purchaser Is King: Supreme Court Upholds The Sanctity Of The Auction Process As Envisaged By The SARFAESI Act Over The Right To Redemption Of A Mortgagor
In a recent decision[i], the Hon’ble Supreme Court[ii] [“SC”] has declared that the auction procedure laid down in section 13 (8) of the Securitization and Reconstruction of Financial Assets and Enforcement of Securities Interest Act,
Lenders beware, the property is leased
By Shiju. P. V The Supreme Court has given a very important judgement last week where the Court considered the validity of leases created on mortgaged property. The Court has examined whether the provisions of
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