Section 121 of Transfer of Property Act (TPA)
Exchange of money.— On an exchange of money, each party thereby warrants the genuineness of the money given by him.
Section 122 of Transfer of Property Act (TPA)
“Gift” defined.— “Gift” is the transfer of certain existing moveable or immoveable property made voluntarily and without consideration, by one person, called the donor, to another, called the donee, and accepted by or on behalf…
Section 123 of Transfer of Property Act (TPA)
Transfer how effected.— For the purpose of making a gift of immoveable property, the transfer must be effected by a registered instrument signed by or on behalf of the donor, and attested by at least…
Section 124 of Transfer of Property Act (TPA)
Gift of existing and future property.— A gift comprising both existing and future property is void as to the latter.
Section 125 of Transfer of Property Act (TPA)
Gift to several, of whom one does not accept.— A gift of a thing to two or more donees, of whom one does not accept it, is void as to the interest which he would…
Section 126 of Transfer of Property Act (TPA)
When gift may be suspended or revoked.— The donor and donee may agree that on the happening of any specified event which does not depend on the will of the donor a gift shall be…
Section 127 of Transfer of Property Act (TPA)
Onerous gifts.— Where a gift is in the form of a single transfer to the same person of several things of which one is, and the others are not, burdened by an obligation, the donee…
Section 128 of Transfer of Property Act (TPA)
Universal donee.— Subject to the provisions of section 127, where a gift consists of the donor’s whole property, the done is personally liable for all the debts due by and liabilities of the donor at…
Section 129 of Transfer of Property Act (TPA)
Saving of donations mortis causa and Muhammadan law.— Nothing in this Chapter related to gifts of moveable property made in contemplation of death, or shall be deemed to affect any rule of Muhammadan law.