Showing posts with label S 127 of transfer of property Act. Show all posts
Showing posts with label S 127 of transfer of property Act. Show all posts

Tuesday, 25 June 2024

What is basic concept of onerous gift? Explain this concept with examples

 The concept of an "onerous gift" is outlined in Section 127 of the Indian Transfer of Property Act, 1882. This section deals with situations where a gift is subject to certain obligations or conditions that the donee must fulfill. A gift may not always be of a beneficial character, but may at times burdened with an obligation. Said gift is known as onerous gift.

Where a gift is in the form of a single transfer to the same person of several things, of which one is ,and the others are not burdened by an obligation, the donee can take nothing by the gift unless he accepts it fully.

Onerous gift to disqualified person
Print Page