Search Results for Tag : Purchaser

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Kerala HC: Once a Bid is Confirmed, Borrower Cannot Bring in Another Purchaser with Higher Offer(25.11.2021)

Kerala High Court has ruled that once a bid is confirmed, the borrower cannot bring in another purchaser with a higher offer under the Securitisation .....

Tags : Kerala High Court, Another Purchaser with Higher Offer

NCDRC: Builder Can't Levy Maintenance Charge on Flat Purchasers Without Occupancy Certificate(27.01.2022)

National Consumer Disputes Redressal Commission (NCDRC) has held that in the absence of obtaining an occupancy certificate, maintenance on the project.....

Tags : National Consumer Disputes Redressal Commission, Maintenance Charge on Flat Purchasers

SC: Deposit of 25% of Amount by Auction Purchaser Mandatory Under Order XXI Rule 84 CPC(13.02.2023)

Supreme Court while observing that under Order XXI Rule 84 CPC, the deposit of 25% of the amount by the auction purchaser is mandatory, has held that .....

Tags : Supreme Court, CPC, Auction Purchaser

Flat Purchasers Can't be Made to Wait For 'Inordinate' Time Period for Possession: NCDRC(30.04.2019)

National Consumer Dispute Redressal Commission has reaffirmed Supreme Court's decision in which Supreme Court has observed that the flat purchasers ca.....

Tags : NCDRC, Flat Purchasers

Flat Purchasers can't be Made to Wait for 'Inordinate' Time Period for Possession: NCDRC(30.04.2019)

National Consumer Dispute Redressal Commission has relied on Supreme Court's decision in which Supreme Court has observed that the flat purchasers can.....

Tags : NCDRC, Flat Purchasers

SC: Person Purchasing Prop. Knowing About Appeal Pendency Can’t Claim Restit. as Bona Fide Purchaser(15.05.2024)

SC has observed that if it is shown that the purchaser was aware of the pending appeal against the decree when he purchased the property, it would be .....

Tags : Supreme Court, Bona Fide Purchaser, Restitution

Supreme Court: Benefit u/s 64 (2) CPC Available to Bonafide Purchaser(05.04.2022)

Supreme Court has observed that benefit of Section 64(2) of the Code of Civil Procedure, 1908 shall be available if the objector and/or subsequent pur.....

Tags : Supreme Court, Bonafide Purchaser

SC: Possessory Right of Prospective Purchaser Protected U/S 53A of TP Act(08.06.2023)

Supreme Court has held that even though sale agreement doesn’t confer proprietary rights in an immovable property but prospective purchaser having per.....

Tags : Supreme Court, Sale Agreement, Possessory Right, Prospective Purchaser

SC: Property Purchaser Not Barred by Doctrine of Lis Pendens from Seeking Impleadment in Suit(12.07.2024)

Supreme Court has observed that there exists no bar to the impleadment of transferees pendente lite with notice. Permitting the impleadment of a trans.....

Tags : Supreme Court, Lis Pendens, Property Purchaser, Impleadment in Suit

Supreme Court: Subsequent Purchaser Without Due Verification Bound by Previous Sale Agreement(11.11.2025)

Supreme Court held that a subsequent purchaser who relies solely on the vendor’s claims without due diligence cannot claim protection under Section 19.....

Tags : Purchaser, Sale Agreement, Specific Relief Act

SC: NCLT Can Forfeit Entire Deposit if Purchaser Defaults on Payment for Liquidation Assets(11.12.2025)

Supreme Court held that if a purchaser defaults on payment for liquidation assets sold under judicial supervision, the entire deposit can be forfeited.....

Tags : Purchaser, Assets, Forfeit

SC: Subsequent Purchaser has No Right to Claim Lapse of Land Acquisition Proceedings(07.11.2022)

Supreme Court has held that a subsequent purchaser has no right to claim lapse of acquisition proceedings under Section 21(2) of Right to Fair Compens.....

Tags : Supreme Court, Subsequent Purchaser, Land Acquisition

Supreme Court: Post-Award Property Purchasers Cannot Resist Execution of an Arbitral Award(16.02.2026)

Supreme Court of India reaffirmed that a transferee who purchases property from a judgment-debtor during the pendency of proceedings has no locus stan.....

Tags : Post-Award, Property Purchasers, Arbitral Award

SC: Purchaser is a Consumer if Commercial Use by him was for Earning Livelihood by Self Employment(08.09.2023)

Supreme Court has held that when if the commercial use of a particular goods is by the purchasers themselves for the purpose of earning their liveliho.....

Tags : Supreme Court, Commercial Use, Purchaser, Livelihood, Self Employment

SC: An Agreement to Sell Does Not Confer Any Right on the Proposed Purchaser(21.04.2025)

SC has observed that an agreement to sell does not confer any right on the proposed purchaser under the agreement. Therefore any right, until the sale.....

Tags : Supreme Court, Agreement to Sell, Proposed Purchaser