In which of the following cases, the Supreme Court had held that "There is no ban on the transfer of…
F.M. Devaru Ganapati Bhat contains the quoted discussion: an existing donee received a gift with a stipulation that later-born male children of the donor’s brother would be…
Choose your answer
In which of the following cases, the Supreme Court had held that "There is no ban on the transfer of interest in favour of an unborn person. Section 20 permits an interest being created for the benefit of an unborn person who acquires interest upon his birth."?
Answer and explanation
Correct answer A
F.M. Devaru Ganapati Bhat contains the quoted discussion: an existing donee received a gift with a stipulation that later-born male children of the donor’s brother would be joint holders. The Court upheld that arrangement under section 20 and rejected the particular section 13 objection. It did not say every unrestricted direct transfer to a nonexistent person is valid; the instrument and statutory structure still matter.
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