How may the transfer be effected? Similarly the same phrase in the paragraph b means that there are a number of proprietors who have undivided share on the same piece of land and are also strictly not allowed under the Code to transfer a part of the land only.
He is not holding it as agent for the vendor; neither is he holding it as agent for the purchaser.
Most unfortunate for them, the solicitor absconded with the purchase money and could not be traced.
Stakeholder Breach Duty: Purchaser bear loss - Kuldip Singh v Lembaga Letrik Negara: If stakeholder runs away, loss is on person who has claim to the money.