Sale Agreement With Possession

The Tribunal`s jurisdiction derives from sections 33, 35 and 38 of the Indian Stamp Act and the court must rule on the question of admissibility. It is with humility that we dominate the judgment of Laxminarayan (above). This absolute rule is subject to the exception provided for in Section 53A of the Transfer of Ownership Act. Section 53A provides that the seller has no right to disturb the ownership thus granted to the buyer, which is the subject of the transfer, while fully aerating to its part of the obligation of the contract. It should be noted that Article 53A offers the proposed buyer protection against the contemptuous and pours out the contemptuous of the buyer`s troublesome property, but it does not heal the buyer`s ownership of the property. Ownership of the property remains in the hands of the seller. (10) “transport” means a transport for sale and any instrument which transfers movable or immovable property under semi-assistance and which is not expressly provided for in Schedule I; Under the Transfer of Ownership Act, a contract of sale, with or without ownership, is not a transfer. Section 54 of the Transfer of Ownership Act provides that the sale of immovable property may only be made by registered instrument and that a contract of sale does not generate interest or costs for its property. . . .

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