Section 25 in The Transfer Of Property Act, 1882
25. Conditional transfer.—
An interest created on a transfer of property and dependent upon a condition ... daughter C. At the date of the transfer C was dead. The transfer is void. (c) A transfers Rs. 500 to B on condition that
Section 53 of the Transfer of Property
Act, 1882. Section 53 of the Transfer of Property Act deals with
fraudulent transfers made by a party ... irrespective of whether the
transfer was with a view to defraud the revenue or not, the transfer is
declared void by the statute itself. Hence
irrespective of whether the
transfer was with a view to defraud the revenue or not, the transfer is
declared void by the statute itself. Hence ... other mode of
revenue, such charge or transfer shall transfer whatsoever) of, any of his
be void as against any claim in respect assets
transfer of granted land in breach of
the condition relating to prohibition on such transfer would
not have the effect of rendering the transfer void ... void the
transfers of granted lands in contravention of the condition
of prohibition on transfer. As soon as such transfers are
rendered void by virtue
Second Schedule to the Income-tax Act , to declare as void a transfer of property effected by the assessee during the pendency of proceedings against ... creditors under Section 53 of the Transfer pf Property Act for a declaration that the transfer was void as it was in fraud
other or in mutual transfers, it does not follow that the transfer or transfers would also be void. ' Rules governing contracts are not always ... consideration of the transfer, or binds himself by obligations on account of the transfer the transaction would be void and the transfer may not take
transfer. The point then is that if a transferor transfers the property for the immoral object of prostitution the law regards it as no transfer ... benami transaction and did not relate to the effect" of void transfer under Section 6(h)(2) of the Transfer of Property Act read
annulling a transfer,
the transfer stands annulled as from the date it was made.
But even so, the transfer stands till it is annulled ... adjudication; and (3) transfers made after
adjudication. A transfer made after adjudication is not
binding on the Receiver. A transfer by an insolvent after
bona fide intention to transfer title under the document of transfer.
12. Normally a transaction is said to be void when it is prohibited ... intention behind the transfer. If he finds that the transfer has been entered into bona fide, the transfer cannot be declared void merely because
transferred to the petitioner. It was, therefore, contended that the transfer of the shares/warrants was a bona fide transfer for adequate consideration. Therefore, proviso ... property, notwithstanding such transfer. Therefore, there was no question of adjudication on the validity of the transfer, prior to actual transfer.
17. Learned counsel