Question
In Chinnaya vs. Ramayya it was held that________________
Solution
Contract Act -It was decided by the Court that the agreement giving effect to transfer of the estate to the respondent by her mother as a gift and the agreement to pay annuity are simultaneous agreements. Hence, both of these agreements shall be considered as a single transaction as per the definition of consideration given under section 2(d) of the Indian Contract Act.
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In the following questions, there are two statements. One is labelled as Assertion (A) and other is labelled as Reason (R):
Assertion (A): The co...