New Click here to Enroll for SIDBI MSME Expert Class by ex-GM, SBI on Nov 24

    Register

    Question

    According to Section 10 of the Transfer of Property

    Act, 1882 where a condition or limitation absolutely restraining the transferee from parting with or disposing of his interest in property, the condition or limitation is__________.
    A Valid Correct Answer Incorrect Answer
    B Voidable Correct Answer Incorrect Answer
    C Legal Correct Answer Incorrect Answer
    D Void Correct Answer Incorrect Answer

    Solution

    As per Transfer of Property Act, 1882- S. 10. Condition restraining alienation.— Where property is transferred subject to a condition or limitation absolutely restraining the transferee or any person claiming under him from parting with or disposing of his interest in the property, the condition or limitation is void, except in the case of a lease where the condition is for the benefit of the lessor or those claiming under him: provided that property may be transferred to or for the benefit of a women (not being a Hindu, Muhammadan or Buddhist), so that she shall not have power during her marriage to transfer or charge the same or her beneficial interest therein.

    Practice Next