No Statutory bar for sale of property subsequent to Agreement, but title of subsequent purchaser can be affected, if Agreement enforced.

Citation

2019 (2) CTC 94 (Mad)

IN THE HIGH COURT OF MADRAS

N. Seshasayee, J.

A.5. No.426 of 2012.

5. Pachaimmal

B. Suriya Prakasam; G. Mani; G. Sethuraman; K. Shanthi; G. Vijayakumar; R. Shanmugam; Sub-registrar, Kundrathur, Kundrathur Village, Sriperumbudur Taluk, Kancheepuram District

November 30, 2018

...Appellant

...Respondent

Transfer of Property Act 1882 (4 of 1882), Section 54-Specific Relief Act, 1963 (47 of 1963), Section 19(b)-Sale Agreement does not confer any title or right over property Only creates personal obligation on Seller to complete sale No Statutory bar for sale of property subsequent to Agreement, but title of subsequent purchaser can be affected, if Agreement enforced- Right vested in bona fide purchaser for value without Notice of earlier Agreement is protected under Section 19(b) of Specific Relief Act.