Section 20: When Unborn Person Acquires Vested Interest On Transfer For His Benefit – The Transfer of Property Act, 1882 Section 20: When Unborn Person Acquires Vested Interest On Transfer For His Benefit. – Where, on a transfer of property,…
Section 19: Vested Interest – The Transfer of Property Act, 1882 Section 19: Vested Interest. – Where, on a transfer of property, an interest therein is created in favour of a person without specifying the time when it is to…
Section 18: Transfer in Perpetuity for Benefit of Public – The Transfer of Property Act, 1882 1[18. Transfer in perpetuity for benefit of public.— The restrictions in sections 14, 16 and 17 shall not apply in the case of a…
Section 17: Direction for Accumulation – The Transfer of Property Act, 1882 Section 17: Direction for Accumulation. – 1[(1) Where the terms of a transfer of property direct that the income arising from the property shall be accumulated either wholly or…
Section 16: Transfer to Take Effect on Failure of Prior Interest – The Transfer of Property Act, 1882 Section 16: Transfer to Take Effect on Failure of Prior Interest. 1[16. Where, by reason of any of the rules contained in sections 13…
Section 15: Transfer to Class Some of Whom Come Under Sections 13 and 14 – The Transfer of Property Act, 1882 Chapter-II1 Of Transfers of Property by Act of Parties (A) Transfer of Property, whether Moveable or Immoveable Section 15: Transfer…
Section 14: Rule Against Perpetuity – The Transfer of Property Act, 1882 Section 14: Rule Against Perpetuity. – No transfer of property can operate to create an interest which is to take effect after the lifetime of one or more persons…
Section 13: Transfer for Benefit of Unborn Person – The Transfer of Property Act, 1882 Section 13: Transfer for Benefit of Unborn Person. – Where on a transfer of property, an interest therein is created for the benefit of a…
Section 12: Condition Making Interest Determinable on Insolvency or Attempted Alienation – The Transfer of Property Act, 1882 Section 12: Condition Making Interest Determinable on Insolvency or Attempted Alienation. – Where property is transferred subject to a condition or limitation…
Section 11: Restriction Repugnant to Interest Created – The Transfer of Property Act, 1882 Section 11: Restriction Repugnant to Interest Created. Where, on a transfer of property, an interest therein is created absolutely in favour of any person, but the…