Sivasamy vs Rajavannian And Valliammal on 23 February, 2004
"In this case the sale of property in favour of the appellant by the second respondent was intended only for the purpose of discharging the debts of the second respondent. The pre-dominant object of sale was to pay the creditors out of the proceeds and if the purchaser was unaware of the existence of the concerned promissory note debts, as established by evidence then the payment of particular debt only without payment of all the debts would at best be a case of fraudulent preference which could be impugned only under the law relating to insolvency and cannot be characterised as a fraud on creditors so as to justify the institution of proceedings under section 53 of the Transfer of Property Act as pointed out by the Supreme Court in Abdul Shakoor - vs. - Arji Papa Rao, "