binding on his son if it was made for inadequate
consideration, even if there was legal necessity ? In order to answer it correctly, it would ... also proved that the property was not alienated for wholly inadequate consideration. On behalf of Dudh Nath, on the other hand reliance was placed upon
second submission was that the transfer, having been made for inadequate consideration, is liable to be set aside even if it is found that ... inadequate consideration. In that case property worth Rs. 40,000/- was sold for Rs. 30,000/-. The consideration was held to be inadequate
that the transfer on 2nd July 1913 was for a grossly inadequate consideration. The plaintiffs also urged that on the date of the sale ... minors' benefit as it was for a grossly inadequate consideration. The learned advocate contends that the learned Subordinate Judge had not approached the question
crores whereas, it was agreed to be sold for a paltry consideration of ₹ 5.25 crores. She further deposed that on 11.12.2012 cheque no. 6 drawn ... sell the disputed property situated in prime location, more so, for inadequate consideration. She further deposed that amount of ₹ 2 crores received by her father
their sale for only Rs. 681/- was for a grossly inadequate consideration; that the sale was not for legal necessity and further that the defence ... ancestral house?
2. Whether the disputed property was sold for an inadequate consideration?
3. Whether the debt was avyava-harika?
5. The lower appellate Court
portion sold was very valuable and was sold for inadequate consideration.
The plaint sets out that the aforesaid sale deed was executed
except where a transfer is made gratuitously or for a grossly inadequate consideration. Under Section 53 , Prov. Insol. Act, the question of the intent
other person, any valuable thing without consideration or for a consideration which he knows to be inadequate, from any person whom he knows to have ... habitual acceptance of a valuable thing without consideration or for inadequate consideration from persons with whom a public servant has to deal in his official
give it validity.
The sale-deed was executed for an inadequate consideration. There was no authority in Jagannath Prasad to sell the property. The plaint ... estate.
12. The learned Judge has also found that the consideration was inadequate and this finding has been attacked. Of course there can only
ancestral, and it was sold Without any legal necessity and for inadequate consideration. His case further was that his father was insane when he conveyed
