S.53A Transfer Of Property Act Protection Not Available If Person Entered Into Agreement Knowing About Pending Litigation : Supreme Court

The Supreme Court ruled that protection under Section 53A of the Transfer of Property Act is unavailable if a person knowingly enters an agreement despite pending litigation. The judgment aims to prevent misuse of legal protections in property disputes. Legal analysts commend the decision for upholding transparency and fairness in real estate transactions, reinforcing the importance of due diligence in property dealings.