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Transfer of Property Act, 1882 - Actionable claim - In terms of Section 3 of the TPA, actionable claim means (a) claim to an unsecured debt (other than a debt secured by mortgage of immovable property, hypothecation or pledge (b) beneficial interest in a movable property - Both these are recognised as enforceable - Other claims, however, do not fall within the expression "actionable claim". - Supreme Court of India Judgements
SUPREME COURT OF INDIA DIVISION BENCH INFRASTRUCTURE LEASING AND FINANCIAL SERVICES LTD. — Appellant Vs. HDFC BANK LTD. AND ANOTHER — Respondent ( Before : S. Ravindra Bhat and Dipankar Datta, JJ. ) Civil Appeal No(S). 4708 of 2022 Decided on : 19-10-2023 Transfer of Property Act, 1882 – Actionable claim – In terms of […]
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