S.52 TP Act | Once Transaction Is Hit By Lis Pendens, Bona Fide Purchase Or Lack Of Notice Of Agreement Not Defences : Supreme Court

The Supreme Court has ruled that once a transaction is hit by lis pendens under Section 52 of the Transfer of Property Act, bona fide purchase or lack of notice of the agreement are not valid defences. The court’s decision reinforces the principle of lis pendens, which aims to prevent the transfer of property rights during ongoing litigation. This ruling ensures that property transactions are conducted with due regard to pending legal disputes, protecting the interests of all parties involved.