Search Results for Tag : 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

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News

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

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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

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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

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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

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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

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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

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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

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