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    <title>1958 (11) TMI 29 - ANDHRA PRADESH HIGH COURT</title>
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    <description>An oral agreement for sale of immovable property was treated as a concluded contract where the evidence showed agreement on the property, consideration and mode of completion. A clause requiring completion only after the purchaser&#039;s lawyer approved title was construed as a binding contractual condition precedent, not a mere recital, and it was satisfied when approval was obtained within a reasonable time; specific performance was therefore supportable. Evidence of prior notice and protest before the later sale defeated the claim that the subsequent purchasers were bona fide transferees for value without notice, so they could not resist enforcement of the prior agreement.</description>
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    <pubDate>Thu, 13 Nov 1958 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=172357</link>
      <description>An oral agreement for sale of immovable property was treated as a concluded contract where the evidence showed agreement on the property, consideration and mode of completion. A clause requiring completion only after the purchaser&#039;s lawyer approved title was construed as a binding contractual condition precedent, not a mere recital, and it was satisfied when approval was obtained within a reasonable time; specific performance was therefore supportable. Evidence of prior notice and protest before the later sale defeated the claim that the subsequent purchasers were bona fide transferees for value without notice, so they could not resist enforcement of the prior agreement.</description>
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