A is the registered proprietor of Torrens title land. A enters into a contract to sell the land to B. A then contracts to sell the land to C, and upon settlement hands C a transfer in registrable form and the Certificate of title. Just prior to completion, C hears of B's contract, but despite this knowledge registers the transfer knowing it will defeat B's unregistered equitable interest.

Has C engaged in fraudulent conduct for the purposes of s42 RPA (NSW)?