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SECTION 13-SECTION 18 (TRANSFER OF BENEFIT IN FAVOUR OF U NBORN PERSON)
OF TRANSFER OF PROPERTY ACT, 1882
Submitted to:
Submitted by:
Ms. Harpreet Kaur
Abhilash Chagti
UILS, PU, CHD
133/10, 4 semester
th
Acknowledgement I have taken efforts in this project. However, it wo uld not have been possible without the kind support and help of my teacher Ms Harpreet Kaur. I would like to extend my sincere thanks to her. And I would also like to express my special gratitude and thanks to my parents and my friends. Abhilash Chagti
Contents
Seciton 13 – Transfer of benefit of Unborn Person o
No direct Transfer
o
Prior Interest
o
Absolute Interest
o
Analogus law
o
Position in Hindu and Muslim Law
Section 14 – Rules agains Perpetutity o
Meaning of Perpetuity
o
Principle
o
Extent of Perpetuity Period
o
Exception to section 14
Section 15 - Transfer to Class: some of whom come under sec 13 and 14 o
What is ‘Class’?
o
Principle
Section 16 - Transfer to take effect on failure of prior interest o
Transfer when Prior Interest Void
o
Principle
o
Prior Interest Void only on Ground in Section 13 or 14
Section 17 - Direction for Accumulation o
Principle
o
Accumulation of Income
o
Period
o
Exception
Section 18- Transfer in Perpetuity for benefit of public o