Transfer of Property Act, 1882: Immovable and Movable Property ( Bamdev Panigrahi v Monorama Raj)

Facts: The plaintiff’s husband, late Profulla Kumar Raj was conducting a business under the name of 'Kumar Touring Talkies'. He obtained land under possessory mortgage from the Raja of Mandasa in 1957, and built a temporary cinema structure and erected a temporary pandal over it. For the purposes of exhibiting cinema shows, he purchased a cinema projector and a diesel oil engine. This equipment was embedded and installed in earth by construction of foundation. For the purpose of running the cinema shows, plaintiff’s husband, applied and got a license that was purely temporary for a period of one year from the concerned authorities. He allegedly entrusted the management of this business to his friend Bamadev Panigrahi (defendant), out of trust and confidence in him. However, the defendant colluded with the Rajah and obtained the mortgage in his name. Plaintiff’s husband issued a notice in May 1961, calling upon the defendant to render correct account of the management of the en...