clarification

Baskaran Kanakasabai (Querist) 18 May 2010 This query is : Resolved
Ref: SC 540 1996
“It is settled law that any person who purchases land after
publication of the notification under Section 4 [1], does so
at his/her own peril”

Can anyone clarify as to under which law or laws of India it is settled so?

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Raj Kumar Makkad (Expert) 18 May 2010
Transfer of property Act.

Baskaran Kanakasabai (Querist) 19 May 2010
Dear Sir
Thank you very much for your reply. Will you kindly quote the specific rule/s or section/s from the Act that lead to the referred meaning of the quoted portion of the judgement.

Murali Krishna (Expert) 19 May 2010
1. S.4(1) notification means, notification under Land Acquisition Act.

2. Settled law normally means law pronounced by Supreme Court on the subject. This is because, law declared by Supreme Court is precedent and is binding on all lower courts in the country under Art. 141 of Constituion of India.

Mukul Aggarwal (Expert) 19 May 2010
Mr. Murali Krishna is right. it relates to Land Acquisition act.

Baskaran Kanakasabai (Querist) 19 May 2010
Dear Sirs
There is no doubt that the 4(1) notification quoted in the SC judgement is pertaining to sec 4(1) of the Land Acquisition Act of 1894.
My question is as to what is the specific LAW or ACT based on which the judgement declares that it is settled that a person who purchases land after publication of the notification under section 4 (1) does so at his/her own peril?

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