Transfer of Property Act, 1882, Section 122, 10 -- Gift - Condition restraining alienation - Condition restraining donee from alienation of gifted property, cannot be imposed, as such condition is void u/s 10 of the Act...........
Transfer of Property Act, 1882, Section 122, 13 -- Gift - Property gifted to minor and not to an unborn person - S.13 of the Act thus, has no application...........
Transfer of Property Act, 1882, Section 54, 58(c) -- Sale or mortgage by way of conditional sale - Document in question shows that property was agreed to be sold absolutely for a total consideration of Rs.35,000 - Sale deed and re-conveyance agreement executed on same day - Transaction cannot be mortgage by way of conditional sale in view of S.58(c) of the Act - Intention..........
Transfer of Property Act, 1882, Section 105 -- Lease - Property of a religious institution - Manager of religious institution, in absence of specific power, custom or practice, not permitted to give the property of a religious institution on lease for a period of 99 years - Lease for a period of 99 years is a permanent alienation of the property and such act on the part of..........
Transfer of Property Act, 1882, Section 122 -- Conditional gift - Mere reservation of life interest with donor or with wife of donor and a right to encumber property to a specified amount, though amounts to a condition attached with gift, it is only a liability cast upon subject of gift and not a condition which would decide validity of gift...........
Transfer of Property Act, 1882, Section 122 -- Conditional gift - Expression conditional gift stands for `a condition precedent to effectuate a gift' and not a condition attached with gift or a liability or reservation made therein...........
Transfer of Property Act, 1882, Section 122 -- Conditional gift - Condition governing factum of gift is a condition precedent and gift would stand as conditional gift...........
Transfer of Property Act, 1882, Section 122 -- Conditional gift - Liability imposed or a reservation made therein in favour of donor should not be understood a condition precedent to effectuate a valid gift...........
Transfer of Property Act, 1882, Section 122 -- Gift - Acceptance of gift - Where property under gift was mutated by donee and he was paying basic tax, it amounts to acceptance of gift...........
Transfer of Property Act, 1882, Section 3 -- Attestation - Agreement to sell and sale deed - Not required to be attested by two attesting witnesses...........
