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    <title>1966 (4) TMI 90 - GUJARAT HIGH COURT</title>
    <link>https://www.taxtmi.com/caselaws?id=302047</link>
    <description>A statutory municipal first charge may regulate priority over property, but it is not automatically enforceable against a transferee for consideration without notice unless the statute expressly so provides. A court auction purchaser in execution of a decree is treated as a transferee for consideration under the Transfer of Property Act. Constructive notice arises only where an ordinarily prudent purchaser would have made the omitted inquiry and the failure amounts to wilful abstention or gross negligence. On these principles, an auction purchaser without notice takes free of the municipal charge, and the charge cannot be enforced against the property in his hands.</description>
    <language>en-us</language>
    <pubDate>Fri, 29 Apr 1966 00:00:00 +0530</pubDate>
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      <title>1966 (4) TMI 90 - GUJARAT HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=302047</link>
      <description>A statutory municipal first charge may regulate priority over property, but it is not automatically enforceable against a transferee for consideration without notice unless the statute expressly so provides. A court auction purchaser in execution of a decree is treated as a transferee for consideration under the Transfer of Property Act. Constructive notice arises only where an ordinarily prudent purchaser would have made the omitted inquiry and the failure amounts to wilful abstention or gross negligence. On these principles, an auction purchaser without notice takes free of the municipal charge, and the charge cannot be enforced against the property in his hands.</description>
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      <pubDate>Fri, 29 Apr 1966 00:00:00 +0530</pubDate>
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