CS Professional · Drafting, Pleadings and Appearances · Laws relating to Drafting and Conveyancing
Kiran Textiles Ltd, Surat, wants to know how the Transfer of Property Act, 1882 relates to the Indian Contract Act, 1872. As per Section 4 of the Transfer of Property Act, which statement is correct?
The chapters and sections of the Transfer of Property Act, 1882 that relate to contracts are to be taken as part of the Indian Contract Act, 1872. Section 4 makes them part of the Contract Act rather than overriding it or standing wholly separate.
- AChapters and sections relating to contracts are taken as part of the Indian Contract Act, 1872Correct
- BThe whole Act is repealed in favour of the Contract Act
- CThe contract-related chapters override the Contract Act
- DThe Act has no link with the Contract Act
Explanation
Section 4 states that the Chapters and sections of the Transfer of Property Act which relate to contracts are taken as part of the Indian Contract Act, 1872. They do not override it, and the Act is not repealed or unconnected.
Did you get it right without looking?
One question tells you little. A timed set on Laws relating to Drafting and Conveyancing shows your real accuracy, how long you take and where you lose marks.
More Laws relating to Drafting and Conveyancing questions
- Anand and Bose Pvt Ltd complete a mortgage through three instruments: a mortgage deed (duty Rs 6,000), a deed of further charge (duty Rs 9,0…
- Meera Traders buys a warehouse from Kapoor Estates. To complete the sale, the parties execute a conveyance deed and also a supplementary dee…
- Ramesh executed a registered sale deed of his Pune flat in favour of Anita. Earlier, he had orally agreed to sell the same flat to Sudhir, b…
- Under the Orissa amendment to Section 73 of the Indian Stamp Act, 1899, an authorised officer wishes to seize and impound registers kept by …
- Neha Textiles Ltd registers a deed of mortgage over its factory land with Bank A. Later, the company executes and registers another mortgage…
- Sunita executes a registered sale deed of her Nashik plot in favour of Anil on 5 March. Earlier, she had orally agreed to give the same plot…