Which of the following statements is true with regard to section 123 of the Transfer of Property Act,…
Since the Registration Act's section 17(1)(a) already requires registration of a gift deed of immovable property, section 123's registration and attestation requirement for…
Choose your answer
Which of the following statements is true with regard to section 123 of the Transfer of Property Act, 1882?
Answer and explanation
Correct answer B
Since the Registration Act's section 17(1)(a) already requires registration of a gift deed of immovable property, section 123's registration and attestation requirement for such gifts operates as supplemental to that provision, not as an exception to it or as related to section 17(1)(b).
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