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Rambaran Prosad vs Ram Mohit Hazra & Ors on 6 September, 1966

A contract of sale does not of itself create any interest in, or charge on, the property. This expressly declared in Section 54 of the Transfer of Property Act. See Rambaran Prosad v. Ram Mohid Hazra (1967(1) SCR 293). The fiduciary character of the personal obligation created by a contract of sale is recognized in Section 3 of the Specific Relief Act, 1963, and in 15 AIR 2012 SC 206 16 (1977) 3 SCC 2417 47 WA.Nos.493/2019 & Batch HCJ & AARJ Section 91 of the Trusts Act. The personal obligation created by a contractor of sale is described in Section 40 of the Transfer of Property Act as an obligation arising out of contract and annexed to the ownership of property, but not amounting to an interest or easement therein.
Supreme Court of India Cites 16 - Cited by 136 - V Ramaswami - Full Document
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