According to the Transfer of Property Act, 1882, a transfer of immovable property made with intent to…
A transfer intended to defeat or delay the transferor's creditors is voidable at the option of a creditor who is defeated or delayed. It is not automatically void, and the…
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According to the Transfer of Property Act, 1882, a transfer of immovable property made with intent to defeat the creditor of the transferor shall be -
Answer and explanation
Correct answer A
A transfer intended to defeat or delay the transferor's creditors is voidable at the option of a creditor who is defeated or delayed. It is not automatically void, and the option to challenge it belongs to the affected creditor rather than the transferee. Section 53 also protects a transferee who acts in good faith and gives consideration.
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