Definition of Section 120 of Transfer of Property Act According to the Government of India Section 120 of Transfer of Property Act: Rights and liabilities of parties.— Save as otherwise provided in this Chapter, each…
Definition of Section 121 of Transfer of Property Act According to the Government of India Section 121 of Transfer of Property Act: Exchange of money.— On an exchange of money, each party thereby warrants the…
Definition of Section 122 of Transfer of Property Act According to the Government of India Section 122 of Transfer of Property Act: “Gift” defined.— “Gift” is the transfer of certain existing moveable or immoveable property…
Definition of Section 123 of Transfer of Property Act According to the Government of India Section 123 of Transfer of Property Act: Transfer how effected.— For the purpose of making a gift of immoveable property,…
Definition of Section 124 of Transfer of Property Act According to the Government of India Section 124 of Transfer of Property Act: Gift of existing and future property.— A gift comprising both existing and future…
Definition of Section 125 of Transfer of Property Act According to the Government of India Section 125 of Transfer of Property Act: Gift to several, of whom one does not accept.— A gift of a…
Definition of Section 126 of Transfer of Property Act According to the Government of India Section 126 of Transfer of Property Act: When gift may be suspended or revoked.— The donor and donee may agree…
Definition of Section 127 of Transfer of Property Act According to the Government of India Section 127 of Transfer of Property Act: Onerous gifts.— Where a gift is in the form of a single transfer…
Definition of Section 128 of Transfer of Property Act According to the Government of India Section 128 of Transfer of Property Act: Universal donee.— Subject to the provisions of section 127, where a gift consists…
