Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Failure To Pay Portion Of Sale Price Does Not Nullify Title Transfer: NCDRC
The National Consumer Disputes Redressal Commission (NCDRC) ruled that failure to pay a portion of the sale price does not nullify the transfer of title in a property sale. The case involved a dispute where the buyer failed to pay the full sale price, and the seller claimed that the title transfer was invalid. The NCDRC held that once the sale deed is executed and registered, the title transfer is complete, and the buyer becomes the legal owner of the property. The seller’s remedy lies in recovering the unpaid amount through legal means, but the title transfer remains valid. This ruling clarifies the legal position on property sales and emphasizes the importance of adhering to contractual obligations. The decision aims to protect the rights of buyers and ensure that title transfers are not arbitrarily invalidated due to payment disputes.