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    <title>1958 (5) TMI 52 - Supreme Court</title>
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    <description>Pre-emption law was explained as conferring a preferential right to acquire the whole property sold, while its provisions on joint exercise, equal entitlement, notice, limitation and joinder were treated as procedural and distributive. Equal preemptors could not claim a statutory share after one preemptor had already obtained a decree, deposited the consideration and been substituted in place of the vendee. The doctrine of lis pendens applied to pre-emption litigation, but not to a substitution made in recognition of a subsisting and enforceable pre-emptive right. Title was said to arise only on compliance with the decree and actual substitution; completed pre-emption therefore defeated a later rival claim.</description>
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    <pubDate>Tue, 20 May 1958 00:00:00 +0530</pubDate>
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      <title>1958 (5) TMI 52 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=200487</link>
      <description>Pre-emption law was explained as conferring a preferential right to acquire the whole property sold, while its provisions on joint exercise, equal entitlement, notice, limitation and joinder were treated as procedural and distributive. Equal preemptors could not claim a statutory share after one preemptor had already obtained a decree, deposited the consideration and been substituted in place of the vendee. The doctrine of lis pendens applied to pre-emption litigation, but not to a substitution made in recognition of a subsisting and enforceable pre-emptive right. Title was said to arise only on compliance with the decree and actual substitution; completed pre-emption therefore defeated a later rival claim.</description>
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      <pubDate>Tue, 20 May 1958 00:00:00 +0530</pubDate>
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