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Issues: Whether the transferee was entitled to defend possession under the doctrine of part performance, and whether he had been ready and willing to perform his part of the contract despite non-payment of the balance price on the stipulated date.
Analysis: A written contract for transfer of immovable property had been executed, possession had been delivered, and part payment had been made. The transfer was subject to statutory control under the land revenue law, so the agreement carried an implied term that the transferor would secure the necessary governmental sanction. Until the transferor completed his own contractual obligations, the transferee could not be required to tender the balance price. The statutory bar relied upon did not defeat a defence based on section 53A of the Transfer of Property Act, because the transferee was not asserting title under a completed sale but was resisting ejectment on the basis of part performance. Readiness and willingness were assessed in light of the contractual sequence, and the transferee's financial arrangements and conduct showed continuing willingness to perform.
Conclusion: The transferee was entitled to rely on part performance, and the defence of lack of readiness and willingness failed.
Final Conclusion: The appeal was dismissed, and the transferee's possession was protected against the owner's claim for ejectment.
Ratio Decidendi: Where a contract for transfer of immovable property is subject to an implied statutory or contractual condition precedent to performance by the transferor, the transferee may resist ejectment under section 53A if he has taken possession in part performance and remains ready and willing to perform according to the contractual sequence of obligations.