https://www.taxtmi.com/caselaws?id=308212 A pre-emption covenant recorded in the village record and confined to the settlement period was not void for uncertainty, public policy, or remoteness. The court held that such a covenant did not create any interest in immovable property, so the rule against perpetuities did not apply; Section 54 of the Transfer of Property Act negatived any proprietary interest, and Section 14 could not be invoked. The promise also bound the original parties' representatives under Section 37 of the Contract Act and, under Section 40 of the Transfer of Property Act, was enforceable against transferees with notice and gratuitous transferees. The appeal was dismissed and the decree for the respondent was maintained. en-us Mon, 28 Jan 1924 00:00:00 +0530 Thu, 08 Jun 2023 14:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=308212 A pre-emption covenant recorded in the village record and confined to the settlement period was not void for uncertainty, public policy, or remoteness. The court held that such a covenant did not create any interest in immovable property, so the rule against perpetuities did not apply; Section 54 of the Transfer of Property Act negatived any proprietary interest, and Section 14 could not be invoked. The promise also bound the original parties' representatives under Section 37 of the Contract Act and, under Section 40 of the Transfer of Property Act, was enforceable against transferees with notice and gratuitous transferees. The appeal was dismissed and the decree for the respondent was maintained. Case-Laws Indian Laws Mon, 28 Jan 1924 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=308212