https://www.taxtmi.com/caselaws?id=295207 A sale of immovable property requiring a registered instrument is not complete until registration, even if executed earlier; if registration occurs during pendency of a suit, the transfer is hit by lis pendens. The Court also held that a purchaser cannot claim bona fide purchaser protection where the deed itself reveals the property is mortgaged and in another's possession, since such possession is legally relevant notice requiring inquiry. The subsequent purchasers therefore could not defeat the prior contractual rights of the claimant, and specific performance in favour of the claimant was restored, with refund of consideration and interest ordered for the purchasers. en-us Fri, 08 Oct 2010 00:00:00 +0530 Mon, 24 May 2021 14:13:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=295207 A sale of immovable property requiring a registered instrument is not complete until registration, even if executed earlier; if registration occurs during pendency of a suit, the transfer is hit by lis pendens. The Court also held that a purchaser cannot claim bona fide purchaser protection where the deed itself reveals the property is mortgaged and in another's possession, since such possession is legally relevant notice requiring inquiry. The subsequent purchasers therefore could not defeat the prior contractual rights of the claimant, and specific performance in favour of the claimant was restored, with refund of consideration and interest ordered for the purchasers. Case-Laws Indian Laws Fri, 08 Oct 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=295207