Tuesday, September 8, 2020

Pre - emption - Right

....... Pre - emption ......... .... under Hindu Succession Act 1956........
                                       

                           
- Right of Pre emption  in respect of immovable property or business of intestate shall devolve on the heirs Specified in Class I of the Shedule of the Hindu Succession Act be acquire by one of the above heir specified in Class - I 

-  Right of pre emption does not apply when property devolves by survivorship .

- Right of pre emption does not accrues unless Succession open .

- Right of pre emption apply to agricultural property also.

- Right of pre emption apply to proposed transfer .

- Right of pre emption may apply to property transferred .

- If two or more class I heirs claim right of pre emption then heir who offers Highest Consideration for transfer shall be preferred .

- Remedy to enforcement of right of Pre emption is to file a civil suit .

- Right of Pre emption can be claimed within 1 year - the said period begins -  when  the purchaser takes under the sale sought to be impeached , physical possession of whole or part of the property sold , or , where the subject - matter of the sale does not admit of physical possession of the whole or part of the property , when the instrument  of sale is registered .

............... Relevant Provision ................

- Section 22 of The Hindu Succession Act 1956.

- The Class - I of  The Shedule of above act.

- Article 97 of The Limitation Act 1963.

= = = = = = = =Relevant Judgement = = = = =

- Ashutosh Chaturvedi v/s Prano Devi A.I.R.2008 S.C.2171 = 2008 SAR 870.

- Ramlal Maniram Navdhinge v/s Maniram Patiram Navdhinge 2008(1) Mh.L.J.860.

- Bharat Machindra Parekar v/s Ajanabai Baburao Thaware 2007(6) Mh.L.J.706.
- Babu Ram v/s Santosh Singh A.I.R. 2019 S.C.1506 = 2020 All.S.C.R.317
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