LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

vicky (Law officer)     12 January 2013

Sale consideration

Sir, A wants to purchase land from B. B wants to purchase land from C. B Says i dont want to take money from A and asks A to handover sale consideration to C. Whether transaction between A and B is valid since sale consideration is given to C instead of B on the advise of B. Provide answer with any citations. Thanks



Learning

 1 Replies

Advocate Vishnu (Advocate)     13 January 2013

If b acknowledges that A has paid him the required sale consideration, which he had requested A to handover to B, then the transaction is a valid transaction. 


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register