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    <title>1956 (11) TMI 49 - Supreme Court</title>
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    <description>A compromise decree that imposes an express personal liability and also creates a charge over specified properties ordinarily gives the decree-holder cumulative remedies; the charge and receiver mechanism are additional, not a condition precedent to execution on the personal covenant. On vested and contingent interests, the controlling test is the settlor&#039;s intention gathered from the whole deed. Where the document earmarks property for beneficiaries immediately but postpones enjoyment or subjects it to payment of debts and other burdens, the interest is vested with deferred possession, not contingent. On that basis, the judgment-debtor&#039;s interest, including in premises No. 44/2, Lansdowne Road, was attachable.</description>
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    <pubDate>Mon, 19 Nov 1956 00:00:00 +0530</pubDate>
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      <title>1956 (11) TMI 49 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=293343</link>
      <description>A compromise decree that imposes an express personal liability and also creates a charge over specified properties ordinarily gives the decree-holder cumulative remedies; the charge and receiver mechanism are additional, not a condition precedent to execution on the personal covenant. On vested and contingent interests, the controlling test is the settlor&#039;s intention gathered from the whole deed. Where the document earmarks property for beneficiaries immediately but postpones enjoyment or subjects it to payment of debts and other burdens, the interest is vested with deferred possession, not contingent. On that basis, the judgment-debtor&#039;s interest, including in premises No. 44/2, Lansdowne Road, was attachable.</description>
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      <pubDate>Mon, 19 Nov 1956 00:00:00 +0530</pubDate>
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