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    <title>1943 (2) TMI 17 - HIGH COURT OF BOMBAY</title>
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    <description>An agreement requiring annual payment out of village income was held to create a charge on that income, but a charge does not amount to a transfer of an interest in property. Consistently with the principle reflected in Section 100 of the Transfer of Property Act, 1882, such a charge is not enforceable against transferees who purchased for valuable consideration without notice. Because the transferees had acquired the villages without notice, recovery from the village income could not be enforced against them, and the claim failed as against those transferees while remaining effective only against the original obligor.</description>
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    <pubDate>Sun, 21 Feb 1943 00:00:00 +0630</pubDate>
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      <title>1943 (2) TMI 17 - HIGH COURT OF BOMBAY</title>
      <link>https://www.taxtmi.com/caselaws?id=290906</link>
      <description>An agreement requiring annual payment out of village income was held to create a charge on that income, but a charge does not amount to a transfer of an interest in property. Consistently with the principle reflected in Section 100 of the Transfer of Property Act, 1882, such a charge is not enforceable against transferees who purchased for valuable consideration without notice. Because the transferees had acquired the villages without notice, recovery from the village income could not be enforced against them, and the claim failed as against those transferees while remaining effective only against the original obligor.</description>
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      <pubDate>Sun, 21 Feb 1943 00:00:00 +0630</pubDate>
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