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Which section of the Transfer of Property Act, 1882, governs fraudulent transfers?

Section 53 allows an affected creditor to avoid a transfer of immovable property intended to defeat or delay the transferor’s creditors. It protects a transferee in good…

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Which section of the Transfer of Property Act, 1882, governs fraudulent transfers?

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Answer and explanation

Correct answer C

Section 53 allows an affected creditor to avoid a transfer of immovable property intended to defeat or delay the transferor’s creditors. It protects a transferee in good faith and for consideration.

Option feedback

Option A

Section 21 deals with contingent interests.

Option B

Section 35 sets out the rule of election.

Option C

Section 53 governs fraudulent transfers.

Option D

Section 41 governs a transfer by an ostensible owner.

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