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Under the Transfer of Property Act, 1882, how is a transfer of immovable property made with intent to…

Section 53(1) treats a transfer intended to defeat or delay the transferor's creditors as fraudulent. It is voidable at the option of a creditor defeated or delayed, subject…

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Under the Transfer of Property Act, 1882, how is a transfer of immovable property made with intent to defeat or delay the transferor's creditors classified?

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Correct answer C

Section 53(1) treats a transfer intended to defeat or delay the transferor's creditors as fraudulent. It is voidable at the option of a creditor defeated or delayed, subject to the protection for a transferee in good faith and for consideration.

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Option A

Section 43 concerns a transferor who subsequently acquires the interest after a qualifying representation and transfer for consideration.

Option B

Section 52 concerns dealings with property in dispute during the pendency of specified litigation.

Option C

Section 53(1) addresses transfers intended to defeat or delay the transferor's creditors.

Option D

Section 41 concerns transfers for consideration by a qualifying ostensible owner.

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