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Start learning 50% faster. Sign in nowSection 53A. Part performance—Where any person contracts to transfer for consideration any immoveable property by writing signed by him or on his behalf from which the terms necessary to constitute the transfer can be ascertained with reasonable certainty, and the transferee has. in part performance of the contract, taken possession of the property or any part thereof, or the transferee, being already in possession, continues in possession in part performance of the contract and has done some act in furtherance of the contract, and the transferee has performed or is willing to perform his part of his part of the contract, then, notwithstanding that , or, where there is an instrument of transfer, that the transfer has not been completed in the manner prescribed there for by the law for the time being in force, the transferor or any person claiming under him shall be debarred from enforcing against the transferee and persons claiming under him any right in respect of the property of which the transferee has taken or continued in possession, other than a right expressly provided by the terms of the contract: Provided that nothing in this section shall affect the rights of a transferee for consideration who has no notice of the contract or of the part performance thereof.
How many years will it take to double your money with yearly compounding if the rate of interest is 12%?
________ the audit risks ________ the materiality and ________ the audit effort
What is the minimum amount of loan outstanding of a borrower or a guarantor who has committed wilful default , to be known as a Wilful defaulte r?
Which of the following best describes a Global Depositary Receipt (GDR)?
Which of the following best describes financial arbitrage?
Which of the following scheme provides collateral-free loans of up to ₹10 crores for MSMEs?
What is the term for the ability to make independent and informed choices about one's actions?
An effective MIS (Management Information System) should have all the features, except?
Champion Ltd. define following data for calculating Current Ratio:
Current Assets Rs.20,00,000 ,
Inventories Rs.10,00,000 ,
Working Capital Rs.12, 00,000.
In which of the following years the regional rural banks start functioning in India?