Rule 80 of CPC : Rule 80: Transfer of negotiable instruments and shares.
CPC
JavaScript did not load properly
Some content might be missing or broken. Please try disabling content blockers or use a different browser like Chrome, Safari or Firefox.
Explanation using Example
Example 1:
Scenario: Ramesh has a share certificate in XYZ Corporation, but he owes money to Suresh as per a court decree. Ramesh is refusing to transfer the shares to Suresh.
Application of Rule 80:
- The court orders Ramesh to transfer the shares to Suresh.
- Ramesh does not comply with the court order.
- The judge appoints an officer to execute the transfer of shares on behalf of Ramesh.
- The officer signs the necessary documents as follows: "Ramesh by C.D. Judge of the Court, in a suit by Suresh against Ramesh."
- The transfer is legally valid as if Ramesh himself had signed the documents.
Example 2:
Scenario: Priya holds a negotiable instrument (a promissory note) in her name, but she has a debt to Anil as per a court decree. Priya is not willing to endorse the promissory note to Anil.
Application of Rule 80:
- The court orders Priya to endorse the promissory note to Anil.
- Priya does not comply with the court order.
- The judge appoints an officer to endorse the promissory note on behalf of Priya.
- The officer end...
Login to access all pages and read more content.
To disable ads and read rest of the premium content, subscribe to KanoonGPT Pro.
🚀 Special Offer! Enjoy 1 Year of Ad-Free Browsing with any subscription.
KanoonGPT is now faster and smarter, powered by upgraded servers.
Subscribe today and unlock all new features!
KanoonGPT is now faster and smarter, powered by upgraded servers.
Subscribe today and unlock all new features!
Update: Discover how KanoonGPT revolutionizes legal research! Watch our demo video on the homepage to see how you can chat with various legal sections using our innovative hybrid AI search. Enjoy free unlimited AI access for a limited time!
Update: Page bookmarking and open in new tab is now supported! Simply use your browser's bookmark manager to save this page for quick access later.
Update: All Judiciary Acts to be available within a week.