Search Results for Tag : Sale Agreement
News
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
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
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
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
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
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