Cited for the proposition that the essential elements of the real agreement include the intention on the part of the transferor to transfer ownership and the…
The court applies and follows the principle established in this case that the abstract theory of transfer applies to immovable property.
Followed on the question of the abstract theory of transfer wherein Ponnan JA approved Legator McKenna.
Cited to explain that at the moment of passing of ownership the transferor must have the intention of transferring ownership, which supplies the subjective…