Section 124 of TPA : Section 124: Gift Of Existing And Future Property
TPA
JavaScript did not load properly
Some content might be missing or broken. Please try disabling content blockers or use a different browser like Chrome, Safari or Firefox.
Explanation using Example
Imagine that Raj wants to gift his niece, Priya, a valuable painting he currently owns and also promises to gift her any painting he may acquire in the future. According to Section 124 of The Transfer of Property Act, 1882, while the gift of the existing painting is valid, the promise to gift any future paintings is void. This means Priya can legally claim the painting Raj already owns, but she has no legal claim to any paintings Raj might purchase later.
Update: Our Pro subscription pricing is now simplified. See our Pro plans
Update: Our AI tools are cooking — and they are almost ready to serve! Stay hungry — your invite to the table is coming soon.
Download Digital Bare Acts on mobile or tablet with "Kanoon Library" app
