Transfer of Property Act, 1882
119. Right of party deprived of thing received in exchange
If any party to an exchange or any person claiming through or
under such party is by reason of any defect in the title of the other party
deprived of the thing or any part of the thing received by him in exchange,
then, unless a contrary intention appears from the terms of the exchange, such
other party is liable to him or any person claiming through or under him for
loss caused thereby, or at the option of the person so deprived, for the return
of the thing transferred, if still in the possession of such other party or his
legal representative or a transferee from him without consideration.