Tag: sale consideration

Supreme Court Quashes FIR in Land Deal Fraud Case Citing Civil Settlement
Supreme Court

Supreme Court Quashes FIR in Land Deal Fraud Case Citing Civil Settlement

In this judgment, the Supreme Court exercised its plenary power under Article 142 of the Constitution to quash criminal proceedings solely against the appellant, based on a full and final settlement between the private parties. The Court clarified that such quashing would not impede the prosecution of other accused, who must be pursued independently. Facts Of The Case: The case originated from a dispute over the sale of a plot of land in Burari, Delhi. Respondent No. 2, while searching for land to build a house, was introduced by the appellant, Mool Chand, who claimed to be a reputed real estate agent. The appellant represented that he had an encumbrance-free plot suitable for the complainant, owned by his associate, accused No. 2, who needed urgent funds. Consequently,...
Supreme Court Landmark Ruling: 12-Year Limit to Reclaim Property Applied in Forgery Case
Supreme Court

Supreme Court Landmark Ruling: 12-Year Limit to Reclaim Property Applied in Forgery Case

The Supreme Court clarified that when a sale deed is void ab initio due to non-execution by the owner, a suit for possession based on title is governed by Article 65 of the Limitation Act, 1963, prescribing a 12-year limitation period. Article 59, which applies to voidable instruments requiring cancellation, is inapplicable. A plaintiff challenging a void transaction is not obligated to seek its cancellation and can file a simpliciter suit for possession within twelve years from when the defendant's possession became adverse. Facts Of The Case: The plaintiffs, legal heirs of Rasali, instituted a suit claiming a one-third share in agricultural land, alleging that a sale deed dated 14.06.1973, which purportedly transferred the land to the defendant, Shanti Devi, was fraudulent. The...