In transaction for transfer or delivery of the property attached where the contract is executed and ...........

Transfer of Property Act Transfer of Property

In transaction for transfer or delivery of the property attached, where the contract is executed and registered before attachment, the mischief of sub-s (1) shall not apply. However in which of the following situation it applies?

Where the property is transferred and registered after attachment

Where the property is transferred before attachment but registration takes place after the attachment

Both (A) and (B)

None of these

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Explanation:

- Option 1: Where the property is transferred and registered after attachment

- If the property transfer and its registration occur after the property is attached, the legal safeguard does not apply. The attachment remains enforceable, and the transfer isn't recognized legally.

- Option 2: Where the property is transferred before attachment but registration takes place after the attachment

- Even if the transfer is done before the property is attached, the registration post-attachment still brings it under the mischief of sub-section (1), negating the transfer's validity.

- Option 3: Both (A) and (B)

- ?? Correct Answer

- Both situations highlight circumstances where the property transaction doesn't evade attachment consequences. Transfers are ineffective if either the transfer or the registration occurs post-attachment.

- Option 4: None of these

- This option is incorrect, as the mischief applies in both specified cases in Options 1 and 2.