124. Gift of existing and future property. A gift comprising both existing and future property is void as to the latter. Transfer of Property ActRead More →

125. Gift to several of whom one does not accept. A gift of a thing to two or more donees, of whom one does notRead More →

126. When gift may be suspended or revoked. The donor and donee may agree that on the happening of any specified event which does notRead More →

127. Onerous gifts. Where a gift is in the form of a single transfer to the same person of several things of which one is,Read More →

128. Universal donee. Subject to the provisions of section 127, where a gift consists of the donor’s whole property, the donee is personally liable forRead More →

129. Saving of donations mortis causa and Muhammadan Law. Nothing in this Chapter relates to gifts of moveable property made in contemplation of death, orRead More →

CHAPTER VIII – OF TRANSFER OF ACTIONABLE CLAIMS 130. Transfer of actionable claim. (1) The transfer of an actionable claim whether with or without considerationRead More →

130A. Transfer of policy of marine insurance. [Rep. by the Marine Insurance Act, 1963 (11 of 1963), sec. 92 (w.e.f. 1-8-1963).] Transfer of Property ActRead More →

131. Notice to be in writing, signed. Every notice of transfer of an actionable claim shall be in writing, signed by the transferor or hisRead More →

132. Liability of transferee of actionable claim. The transferee of an actionable claim shall take it subject to all the liabilities and equities and toRead More →

133. Warranty of solvency of debtor. Where the transferor of a debt warrants the solvency of the debtor, the warranty, in the absence of aRead More →

134. Mortgaged debt. Where a debt is transferred for the purpose of securing an existing or future debt, the debt so transferred, if received byRead More →

135. Assignment of rights under policy of insurance against fire. Every assignee by endorsement or other writing, of a policy of insurance against fire, inRead More →

135A. Assignment of rights under policy of marine insurance. [Rep. by the Marine Insurance Act, 1963 (11 of 1963), sec.92, (w.e.f. 1-8-1963).] Transfer of PropertyRead More →

136. Incapacity of officers connected with Courts of Justice. No judge, legal practitioner or officer connected with any Court of Justice shall buy or trafficRead More →

137. Saving of negotiable instruments, etc. Nothing in the foregoing sections of this Chapter applies to stocks, shares or debentures, or to instruments which areRead More →