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    <title>2020 (10) TMI 1362 - Supreme Court</title>
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    <description>A right of pre-emption under the Rajasthan Pre-Emption Act, 1966 is a weak right of substitution, not a recurring right capable of revival for later sales of the same property. Read with Article 97 of the Limitation Act, 1963, limitation runs from the relevant sale transaction, and Section 9 bars the right if it is not exercised within the prescribed period after notice. Where the pre-emptor waived or failed to assert the right in an earlier transaction, the statute does not permit the same right to be revived against a subsequent sale. The subsequent suit was therefore barred by limitation.</description>
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    <pubDate>Tue, 13 Oct 2020 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=308264</link>
      <description>A right of pre-emption under the Rajasthan Pre-Emption Act, 1966 is a weak right of substitution, not a recurring right capable of revival for later sales of the same property. Read with Article 97 of the Limitation Act, 1963, limitation runs from the relevant sale transaction, and Section 9 bars the right if it is not exercised within the prescribed period after notice. Where the pre-emptor waived or failed to assert the right in an earlier transaction, the statute does not permit the same right to be revived against a subsequent sale. The subsequent suit was therefore barred by limitation.</description>
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