Which of the following gift is not governed by the Transfer of Property Act, 1882?
TPA section 129 saves gifts of movable property made in contemplation of death, known as donations mortis causa, from the provisions of its gifts chapter. Onerous gifts,…
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Which of the following gift is not governed by the Transfer of Property Act, 1882?
Answer and explanation
Correct answer B
TPA section 129 saves gifts of movable property made in contemplation of death, known as donations mortis causa, from the provisions of its gifts chapter. Onerous gifts, gifts to disqualified persons and universal donees are expressly addressed in sections 127 and 128. The exemption concerns mortis causa gifts, not an unrestricted exemption for every gift from every law.
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