Search Results for Tag : Sale Agreement

News

Centre Notifies Standard House Purchase Agreement(03.11.2016)

Centre has notified a Standard House Purchase Agreement that builders all over India will have to sign with home buyers, which will result in automati.....

Tags : Standard House Purchase Agreement, Notification, sale agreement

ITAT: Goodwill Acquired Under Slump Sale Agreement Eligible for Depreciation(04.07.2022)

Income Tax Appellate Tribunal (ITAT), Hyderabad Bench has held that the depreciation is allowed on goodwill acquired under a slump sale agreement unde.....

Tags : ITAT, Depreciation, Slump Sale Agreement

Guj. HC: Bank can’t refuse Title Deed After clearing Charge over Property Through 3rd Party Sale Deed(25.07.2022)

Gujarat High Court has held that once the bank agrees to sell a property mortgaged with it by a loan defaulter and a third party pays full considerati.....

Tags : Gujarat High Court, Title Deed, Sale Agreement

Judgments

Prayer Clause is a sine qua non for granting decree of refund of earnest money(14.12.2022)

The present appeal is directed against the judgment passed by the High Court whereby a second appeal preferred by the Appellants was dismissed and jud.....

Tags : Sale Agreements, Termination, Specific performance

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

Kar. HC: Sufficient Bank Bal. Not Absolute Pre-requisite to Establish Readiness to Execute Agreement(24.01.2024)

Karnataka High Court has held that although it is relevant to consider the bank balance of a party while considering the matters of readiness and will.....

Tags : Karnataka High Court, Sale Agreement, Bank Balance

Supreme Court: Entering Into Sale Agreement With Minor is Void and Unenforceable(27.02.2024)

Supreme Court has held that per the Contract Act, 1872 it is clearly stated that for an agreement to become a contract, the parties must be competent .....

Tags : Supreme Court, Contract Act, 1872, Sale Agreement, Minor

Kar. HC: Can’t Accept Photostat Copy of Unregistered Sale Agreement as Secondary Evidence(19.03.2024)

Karnataka High Court has held that for a trial being held under Section 138 of the Negotiable Instruments Act, a photocopy of an unregistered sale agr.....

Tags : Karnataka High Court, Section 138 of NI Act, Unregistered Sale Agreement, Secondary Evidence

SC Explains Conditions to Invoke Section 53-A of the Transfer of Property Act, 1882(24.12.2024)

Supreme Court while explaining conditions to invoke Section 53-A of the Transfer of Property Act, 1882, has observed that protection under Section 53-.....

Tags : Supreme Court, Transfer of Property, Sale Agreement

Kerala HC: Can Admit Unregistered Sale Agreements as Evidence in Specific Performance Suits(30.06.2025)

Kerala High Court has held that an unregistered sale agreement can be admitted as evidence in suits for specific performance of contract.

Tags : Kerala High Court, Unregistered Sale Agreements, Specific Performance

SC: Unilateral Termination of Sale Agreement Invalid if Contract Does Not Permit it(10.11.2025)

SC held that a party cannot unilaterally terminate a non-determinable agreement to sell under the Specific Relief Act, 1963, unless the contract is ex.....

Tags : Termination, Sale Agreement, Contract

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