Where a person purchases any property in contravention of a contract, which, by reason of such contravention, is voidable at the option of the transferrer, the transferee shall be entitled to recover the property from the transferee, or from any person holding under him, unless the transferee has paid valuable consideration for the property, and the transferrer has accepted such consideration.
Transfer of Property Act, 1882
Section 60
Recovery of property purchased in contravention of certain contracts
⚡ Quick Answer Reference: Section 60 TPA
- Provision: Section 60 of TPA
- Act: Transfer of Property Act, 1882
- Classification: property
- Jurisdiction: India
- Summary: If someone buys a property in a way that breaks a contract, which can be cancelled by the person who sold it, the buyer can get the property back from the person who bought it from them, unless the buyer paid a fair price and the seller accepted it.
What does Section 60 of TPA say?
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What does Section 60 of TPA mean?
Plain English Explanation
If someone buys a property in a way that breaks a contract, which can be cancelled by the person who sold it, the buyer can get the property back from the person who bought it from them, unless the buyer paid a fair price and the seller accepted it.
Practical Interpretation
This section helps to prevent people from buying properties in a way that breaks contracts, by allowing the original seller to get the property back if they want to. However, if the buyer paid a fair price and the seller accepted it, the buyer can keep the property.
Core Legal Purpose
The core purpose of this section is to protect the rights of the original seller in cases where a property is bought in a way that breaks a contract, while also ensuring that buyers who paid a fair price are not unfairly affected.
- •The property was bought in contravention of a contract.
- •The contract is voidable at the option of the transferrer.
- •The transferee has not paid valuable consideration for the property.
- •The transferee is holding the property.
Practical Example of Section 60 TPA
Rajesh and Priya had a contract to sell a plot of land. However, Rajesh sold the plot to Amit without Priya's consent. Priya can now use Section 60 to get the plot back from Amit, as the sale was made in contravention of their contract. However, if Amit had paid a fair price to Rajesh and Rajesh had accepted it, Priya would not be able to get the plot back.
Frequently Asked Questions about Section 60 TPA
Q: What is the punishment or consequence under Section 60 of Transfer of Property Act, 1882?
This section is a procedural provision and does not prescribe a penal punishment.
Q: Does this section apply to private individuals or public entities?
This section applies to both private individuals and public entities.
Q: Is an offence under this section bailable or cognizable?
This section is a procedural provision and does not prescribe a penal punishment, so it is neither bailable nor cognizable.
Common Questions about Section 60 TPA
What is Section 60 of TPA?
Section 60 of the Transfer of Property Act, 1882 (TPA) defines and regulates "Recovery of property purchased in contravention of certain contracts". In plain terms: If someone buys a property in a way that breaks a contract, which can be cancelled by the person who sold it, the buyer can get the property back from the person who bought it from them, unless the buyer paid a fair price and the seller accepted it.
What are the elements of Section 60 of TPA?
The essential elements of Section 60 of TPA are: The property was bought in contravention of a contract.; The contract is voidable at the option of the transferrer.; The transferee has not paid valuable consideration for the property..
Landmark Judgments under Section 60 TPA
Patnahcucisdb94 High Court (10 8)
Patnahcucisdb94 High Court (10 8)
Patnahcucisdb94 High Court (10 8)
Patnahcucisdb94 High Court (10 8)
Sections commonly cited alongside Section 60
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