Section 49 of CPC : Section 49: Transferee.
CPC
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Explanation using Example
Example 1:
Ravi obtained a decree from the court stating that Suresh owes him ₹1,00,000. Ravi then transfers this decree to his friend, Amit, for some personal reasons. According to Section 49 of The Code of Civil Procedure 1908, Amit, as the transferee, will now have the right to collect the ₹1,00,000 from Suresh. However, if Suresh had any valid defenses or claims (equities) against Ravi, such as a counterclaim that Ravi owes him ₹50,000, Suresh can s...
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