Transfer Of Property Act Disputes Between Landlord-Tenant Arbitrable? SC Refers To Larger Bench [Read Judgment]

"It is clear that the Transfer of Property Act is silent on arbitrability, and does not negate arbitrability."

Conditional Gifts Are Incomplete Until Conditions Are Complied With; Such Gift Deeds Can Be Cancelled By The Donor: SC [Read Judgment]

‘A conditional gift with no recital of acceptance and no evidence in proof of acceptance, where possession remains with the donor as long as he is alive, does not become complete during lifetime of the donor. When a gift is incomplete and title remains with the donor the deed of gift might be cancelled.’The Supreme Court has held that a conditional gift only becomes complete on compliance...

Dis-honour of Cheques issued by Purchasers as Advance Payment, does not amount an Offence as there is no legally enforceable debt; SC

In a Judgment which would make far reaching consequences in thousands of pending cheque bouncing cases in the Country, Supreme Court of India yesterday held that post-dated cheques issued by the purchasers as an advance payment in respect of purchase orders cannot be considered in discharge of legally enforceable debt or other liability, and the dishonour of such cheques does not amount to...