Section 122 in The Transfer Of Property Act, 1882
122. “Gift” defined.—
“Gift” is the transfer of certain existing moveable or immoveable property made voluntarily ... still capable of giving. If the donee dies before acceptance, the gift is void
British India, a gift in favour of a person not in existence at the date of the gift is void; and so also a bequest ... donor has only one child in existence at the date of the gift, and the gift is made in express terms for the benefit
depend on the will of the donor a gift shall be suspended or revoked; but a gift which the parties agree shall be revocable wholly ... lakh. The gift holds goods as to Rs. 90,000, but is void as to Rs. 10,000, which continue to belong
void.—
(1) Notwithstanding anything contained in the waqf deed, any lease of any immovable property which is waqf property, shall be void unless such lease ... sale, gift, exchange, mortgage or transfer of waqf property shall be void ab initio: Provided that in case the Board is satisfied that any waqf
cannot take effect to its full extent because the gift to the hospital is void under section 118, but it will take effect
Property Act, 1882
124. Gift of existing and future property.—
A gift comprising both existing and future property is void as to the latter
Section 25 in The Indian Contract Act, 1872
25. Agreement without consideration, void, unless it is in writing and registered or is a promise ... gift actually made. Explanation 2.— An Agreement to which the consent of the promisor is freely given is not void merely because the consideration
void in certain circumstances.
(1) Where any senior citizen who, after the commencement of this Act, has transferred by way of gift or otherwise ... undue influence and shall at the option of the transferor be declared void by the Tribunal. (2) Where any senior citizen has a right
Income Tax Act, 1961
281. [ Certain transfers to be void. [Substituted by Act 41 of 1975, Section 73, for Section ... charge on, or parts with the possession (by way of sale, mortgage, gift, exchange or any other mode of transfer whatsoever
whether by sale, gift, mortgage or otherwise, made after the issue of the proclamation and before the withdrawal thereof, shall be void as [against
