Section 12 The Transfer of Property Act, 1882

 

 Section 12 The Transfer of Property Act, 1882: 

Condition making interest determinable on insolvency or attempted alienation.—Where property is transferred subject to a condition or limitation making any interest therein, reserved or given to or for the benefit of any person, to cease on his becoming insolvent or endeavouring to transfer or dispose of the same, such condition or limitation is void. Nothing in this section applies to a condition in a lease for the benefit of the lessor or those claiming under him.

Supreme Court of India Important Judgments And Leading Case Law Related to Section 12 The Transfer of Property Act, 1882: 

Raju Kakara Shetty vs Ramesh Prataprao Shirole And Anr on 15 January, 1991

Harbanslal Jagmohandas & Anr vs Prabhudas Shivlal on 12 March, 1976

Shah Dhansukhlal Chhaganlal vs Dalichand Virchand Shroff And on 1 March, 1968

Prithvichand Ramchand Sablok vs S.Y.Shinde on 13 May, 1993

Raichurmatham Prabhakar & Anr vs Rawatmal Dugar on 12 April, 2004

Anand Nivas (Private) Ltd vs Anandji Kalyanji Pedhi & Ors on 5 September, 1963

Mylapore Hindu Permanant Ltd. vs K. S. Subramania Iyer on 6 May, 1970

The Calcutta Credit Corporation  vs Happy Homes (P) Ltd on 23 October, 1967

Bhaiya Punjalal Bhagwanddin vs Dave Bhagwatprasad Prabhuprasad on 4 May, 1962

Mistry Premjibhai Vithaldas vs Ganeshbhai Keshavji on 14 April, 1977

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