The law is well settled that a Suit for Specific performance of a Contract, under Article 54 of the Indian Limitation Act, 1963, involving Sale of an immovable property, must be filed within three years from the date fixed for the performance of such contract, or, if no such date is fixed, when the Buyer has notice that performance is refused. Section 55(6)(b) of the Transfer of Property Act, 1882, lays down buyer’s rights before completion of Sale transaction. The Section, inter alia, mandates that buyer is entitled to a charge on the property, as against the seller and all persons claiming under him, to the extent of the seller's interest in the property, for the amount of any purchase-money properly paid by the buyer in anticipation of the delivery and for interest on such amount, except in cases where the Buyer has improperly declined to accept delivery of the property. Therefore, a careful reading of Section 55(6)(b) would infer that a statutory charge is created up...
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I deeply appreciate your contribution in well designing the same in a lucid & interesting manner & very well know that you will always guide people through & through to ensure compliance with ALL laws with such & many more creative work, as seen by me personally.
God Bless you-KEEP IT UP, Sir & we hope & pray that we must have at least some more such Sandip Jalan, on this Planet to make peoples life beautiful & proud to be associated with such brains.
UDAY PRABHU- 09220573589
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udayprabhu@activist.com
I wish you could also get on print media and write a regular column in some major newspapers, say Times of India.
SREENU VENNELA
You are like a holy cow in the areana of what they call in U.S "SHARKS".
Keep it up. God bless you.
Regards,
Kumar Pravesh,
JCWG.
I often see lawyers with holding certain information and making money out of it. And this is primary reason for people to fear approaching the court of law But it is because of people we get clear picture about process followed in judiciary. Thanks a lot for the same.
Very nice of you to have taken pains to put such an enormous and informative thing on web.
Great job. You deserve great applaud.
Thanks a lot.
Sanjay Maheswari
You are like a savior to a petitioner-in-person, who is caught in the procedural web of the judiciary !
Thank you so much for writing to this post. Its the most informative piece i have read on the net in the longest time!!!!
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