Transfer of Property Act



A entered into a contract with B for the sale of a property. As per the contract, A was required to pay six instalments of 100000 to B on 1st of every month starting from January to June. These instalments were required to be paid on the first day of each month without any failure. The payments from January to May were made on time. But, in June, A made the payment on 3rd June. Although B has accepted the payments and issued the receipts, but he refused the transfer of property’s title to A arguing that A has breached the agreement by not paying the instalment of time.

Which option is true in this case:

a) A is not entitled to the possession, because he failed to make the payment on time. 

b) Fine will be imposed on A for the breach of contract.

c) A will be entitled to possession of the property due to the existence of waiver.

d) None of the above


Daily Limit Reached

You have reached your daily limit of 2 Free Articles

Subscribe to CCI PRO for unlimited access

Why Upgrade to CCI PRO?
  • No Ads
  • WhatsApp Community
  • Daily E-Newsletter
  • Unlimited Articles Access
  • Profile Visitors
  • Link Social Profiles
  • Featured Job Posts
  • Pro Badge
  • Expert GST Guidance
  • Unlimited Forum Replies
  • Download Content in PDF
1 Year PLAN
1999
(Excl. of GST ₹359)

2 Years PLAN
3499
(Excl. of GST ₹629)

BEST VALUE
3 Years PLAN
4999
(Excl. of GST ₹899)

View all CCI PRO benefits

Already a PRO member? Login here for an ad-free experience. 07941056694


3538 Views Comment   Share LAW   Report


About the Author

Article

Comments :

Related Articles


Loading


Popular Articles





CCI Pro

CCI Articles

submit article


Company
14 October 2026
GST & TDS ASSISTANT

AGGARWAL SANJAY & ASSOCIATES

New Delhi

B.Com

View Details
Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details
Company
12 October 2026
AUDIT , ACCOUNTS AND TAXATION

KDSS

New Delhi

B.Com

View Details
Company
19 October 2026
Accountant

Jari Saree Center

New Delhi

Others

View Details
Company
05 October 2026
Senior Accountant

Vision IT Peripherals Pvt Ltd

Mumbai

B.Com

View Details
Company
30 September 2026
Senior Accountant

Codeboard Technology

Chennai

B.Com

View Details
Company
ARTICLESHIP 28 October 2026
Article assistants

Shyam S Gupta and Company

New Delhi

CA Inter

View Details
Company
24 October 2026
CA Industrial Trainee

Fytomax Nutrition Private Limited

Aurangabad

CA Inter

View Details