Provisions of the Transfer of Property Act, 1882 shall be applicable:
The Act principally regulates transfers by act of parties. Section 2(d), subject to its stated exceptions, saves transfers by operation of law and execution of court decrees…
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Provisions of the Transfer of Property Act, 1882 shall be applicable:
Answer and explanation
Correct answer C
The Act principally regulates transfers by act of parties. Section 2(d), subject to its stated exceptions, saves transfers by operation of law and execution of court decrees or orders. A receiver's statutory vesting and intestate succession are not ordinary transfers by living parties under section 5.
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