Transfer of Property Act, 1882–Sec. 55–Scope–When the buyer discharges obligations and seller passes/conveys the ownership of the property, the contract is concluded–Thereafter, the liabilities and obligations and rights if any, between the buyer and seller would be governed by the other provisions of Contract Act and Specific Relief Act on the execution of sale deed–The seller cannot unilaterally cancel the conveyance or sale.
Andhra Pradesh Industrial Infrastructure Corporation Ltd. & Ors. vs. S.N. Raj Kumar & Anr. – (SC)
₹38.00
