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MIRAJ BIBI vs AKBAR KHAN S — 2021 PLD 159 PESHAWAR-HIGH-COURT

Case information

Citation
2021 PLD 159 PESHAWAR-HIGH-COURT
Court
Peshawar High Court
Year
2021
Reporter
PLD
Parties
MIRAJ BIBI vs AKBAR KHAN S
Subject matter
Civil
Provisions referred to
S. 54---S; S. 54; Property Act

Fields are extracted from the reported citation and judgment text. Where a detail is not stated in the record, it is not shown.

Judgment text as reported

MIRAJ BIBI VS AKBAR KHAN S. 54---Sale---Scope---Payment of sale price is essential ingredient of sale as defined in section 54 of the Transfer of Property Act, 1882---Valid sale transaction is constituted when the essential elements are provided by the vendee i.e. valid sale agreement; parties to the sale transaction; sale consideration fixed and paid and subject-matter of the sale transaction---If any one of said ingredients are found missing the transaction would not fall within the definition of "sale"---Expression 'in exchange for a price' used in S.54 of the Transfer of Property Act, 1882, is very significant---No transaction of sale can be said to be completed in the eyes of law unless price was fixed or paid or part paid and part promised.

Other judgments reported in 2021 PLD

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