Varun Kumar Jha

Direction for accumulation.— (1) Where the terms of a transfer of property direct that the income arising from the property shall be accumulated either wholly or in part during a period longer than— such direction… 

Transfer in perpetuity for benefit of public.— The restrictions in sections 14, 16 and 17 shall not apply in the case of a transfer of property for the benefit of the public in the advancement… 

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 take effect, or in terms specifying that it is… 

When unborn person acquires vested interest on transfer for his benefit.— Where, on a transfer of property, an interest therein is created for the benefit of a person not then living, he acquires upon his… 

Contingent interest.— Where, on a transfer of property, an interest therein is created in favour of a person to take effect only on the happening of a specified uncertain event, or if a specified uncertain… 

Transfer to members of a class who attain a particular age.— Where, on a transfer of property, an interest therein is created in favour of such members only of a class as shall attain a… 

Transfer contingent on happening of specified uncertain event.— Where, on a transfer of property, an interest therein is to accrue to a specified person if a specified uncertain event shall happen, and no time is… 

Transfer to such of certain persons as survive at some period not specified.— Where, on a transfer of property, an interest therein is to accrue to such of certain persons as shall be surviving at… 

Conditional transfer.— An interest created on a transfer of property and dependent upon a condition fails if the fulfilment of the condition is impossible, or is forbidden by law, or is of such a nature…