Ulterior transfer conditional on happening or not happening of specified event.— On a transfer of property an interest therein may be created to accrue to any person with the condition superadded that in case a…
Fulfilment of condition subsequent.— An ulterior disposition of the kind contemplated by the last preceding section cannot take effect unless the condition is strictly fulfilled. Illustration A transfers Rs. 500 to B, to be paid…
Prior disposition not affected by invalidity of ulterior disposition.— If the ulterior disposition is not valid, the prior disposition is not affected by it. Illustration A transfers a farm to B for her life, and,…
Condition that transfer shall cease to have effect in case specified uncertain event happens or does not happen.— Subject to the provisions of section 12, on a transfer of property an interest therein may be…
Such condition must not be invalid.— In order that a condition that an interest shall cease to exist may be valid, it is necessary that the event to which it relates be one which could…
Transfer conditional on performance of act, no time being specified for performance.— Where, on a transfer of property, an interest therein is created subject to a condition that the person taking it shall perform a…
Transfer conditional on performance of act, time being specified.— Where an act is to be performed by a person either as a condition to be fulfilled before an interest created on a transfer of property…
Election when necessary.— Where a person professes to transfer property which he has no right to transfer, and as part of the same transaction confers any benefit on the owner of the property, such owner…
Apportionment of periodical payments determination of interest of person entitled.— In the absence of a contract or local usage to the contrary, all rents annuities, pensions, dividends and other periodical payments in the nature of…