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Showing contexts for: constructive knowledge in Atmakur Venkatasubbiah Chetty And Anr. vs Thirupurasundari Ammal And Ors. on 20 March, 1964Matching Fragments
(6) We have no hesitation in accepting the finding of the learned City Civil Judge that the third defendant is not a bona fide transferee at all but both legally and factually she is a transferee with full knowledge of Exs. A. 1 and A. 2. In fact it is impossible even to contend otherwise. The two mortgages, Exs. A.1 and A. 2, are registered mortgages. Under S. 3 of the Transfer of Property Act constructive knowledge has got to be imputed to the third defendant. The fact that the Official assignee in his sale deed did not refer to the mortgages of the plaintiffs cannot in any way affect the latter's rights. Further, the facts of the case also clearly show that the third defendant, who is no other than the mother-in-law of the mortgagor, knows every detail and fact connected with the transactions.