Section 19 The Transfer of Property Act, 1882
Section 19 The Transfer of Property Act, 1882:
Vested interest.—Where, on a transfer of property, an interest therein is created in favour of a person without specifying the time when it is to take effect, or in terms specifying that it is to take effect forthwith or on the happening of an event which must happen, such interest is vested, unless a contrary intention appears from the terms of the transfer. A vested interest is not defeated by the death of the transferee before he obtains possession. Explanation.—An intention that an interest shall not be vested is not to be inferred merely from a provision whereby the enjoyment thereof is postponed, or whereby a prior interest in the same property is given or reserved to some other person, or whereby income arising from the property is directed to be accumulated until the time of enjoyment arrives, or from a provision that if a particular event shall happen the interest shall pass to another person.
Supreme Court of India Important Judgments And Leading Case Law Related to Section 19 The Transfer of Property Act, 1882:
P.K. Mohanram vs B.N. Ananthachary & Ors on 15 March, 2010
Smt.Palchuri Hanumayamma vs Tadikamalla Kotlingam (D) By on 9 October, 2001
Usha Subbarao vs B.E. Vishveswariah & Ors on 8 July, 1996
Lal Chand And Anr vs District Judge Agra And Ors on 16 September, 1999
Ashok Kumar Mandal vs Rabindra Nath Banerjee (D) By Lrs. on 3 December, 2003
Kokilambal & Ors vs N.Raman on 21 April, 2005
Syndicate Bank vs Estate Officer & Manager, on 30 August, 2007
W.H. King vs Republic Of India And Another on 1 February, 1952
Dhanki Mahajan vs Rana Chandubha Wakhatsing & Ors on 11 April, 1968
Naranbhai Dayabhai Patel & Anr vs Suleman Isubji Dadabhai on 11 January, 1996
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