Under the proviso to Section 53A of the Transfer of Property Act, 1882, the section does not affect the…
The final proviso to section 53A of the Transfer of Property Act, 1882 says that nothing in the section affects the rights of a transferee for consideration who has no…
Choose your answer
Under the proviso to Section 53A of the Transfer of Property Act, 1882, the section does not affect the rights of a transferee for consideration:
Answer and explanation
Correct answer C
The final proviso to section 53A of the Transfer of Property Act, 1882 says that nothing in the section affects the rights of a transferee for consideration who has no notice of the contract or of its part performance. So the protected transferee is one "Who has no notice of the contract" (or of its part performance). A gratuitous transferee or one with notice is not protected, and whether he has notice is not irrelevant.
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