https://www.taxtmi.com/caselaws?id=289060 A concluded agreement for sale was found to exist where the receipt described the payment as earnest money under a completed bargain and fixed a time for execution of the sale deed, making the contract specifically enforceable. Allegations of fraud, misrepresentation, non-fulfilment of conditions, and absence of competent assent did not displace that conclusion. Where the property had been transferred to purchasers with notice, the proper decree was to enforce the original contract and require the later transferees to join in the conveyance so title could pass without altering the bargain or special covenants. Equity also governed distribution of the deposited purchase money, with a directed payment to the transferees and the balance to the Custodian. en-us Wed, 18 Nov 1953 00:00:00 +0530 Sat, 11 Jul 2020 10:48:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=289060 A concluded agreement for sale was found to exist where the receipt described the payment as earnest money under a completed bargain and fixed a time for execution of the sale deed, making the contract specifically enforceable. Allegations of fraud, misrepresentation, non-fulfilment of conditions, and absence of competent assent did not displace that conclusion. Where the property had been transferred to purchasers with notice, the proper decree was to enforce the original contract and require the later transferees to join in the conveyance so title could pass without altering the bargain or special covenants. Equity also governed distribution of the deposited purchase money, with a directed payment to the transferees and the balance to the Custodian. Case-Laws Indian Laws Wed, 18 Nov 1953 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=289060