Transfer of Property Act S. 19. Vested interest .—Where, on a transfer of property, an interest therein is created in favour of a person without specifying the time when it is to take effect , or in terms specifying that it is to take effect forthwith or on the happening of an event which must happen, such interest is vested, unless a contrary intention appears from the terms of the transfer. A vested interest is not defeated by the death of the transferee before he obtains possession. Explanation.—An intention that an interest shall not be vested is not to be inferred merely from a provision whereby the enjoyment thereof is postponed, or whereby a prior interest in the same property is given or reserved to some other person, or whereby income arising from the property is directed.
Which of the following statements about Fundamental Rights in India is incorrect?
A. Part III of the Indian Constitution discusses Fundament...
Which Article of the Indian Constitution focuses on the promotion of international peace and security?
Which Article of the Indian Constitution Establishes the Structure of Parliament?
Which article of the Indian Constitution guarantees the right to move to the Supreme Court for the enforcement of Fundamental Rights and authorizes the ...
The fundamental duties of Indian citizens were incorporated into the Indian Constitution under which amendment.
Which Act ended the monopoly of the East India Company in India under British rule?
The Family Courts Act of 1984 authorizes which entity to establish Family Courts?
Which country’s constitution influenced the federal system and residuary powers in India’s Constitution?
The structural framework of the Indian Constitution is largely derived from which Government of India Act?
Which article in the Indian Constitution provides for a State emergency, also known as President's Rule?
