Transfer of Property Act, 1882

Section 119

Effect of contract for the transfer of a share in a share

⚡ Quick Answer Reference: Section 119 TPA

Provision: Section 119 of TPA
Act: Transfer of Property Act, 1882
Classification: property
Jurisdiction: India

Statutory Content

What does Section 119 of TPA say?

Where a contract is made with a person competent to transfer for consideration a share in a share, such contract shall be void, unless the transferee is a trustee for the transferor, or unless the transferee is a mortgagee under a mortgage to the transferor, or unless the transferee is a lessee from the transferor, or unless the contract is registered, and the transferee has given possession of the property to the transferor, or unless the transferee is a purchaser from a person competent to transfer, and the contract has been registered, and the transferee has given possession of the property to the transferor.

Indian StandardSection 119, Transfer of Property Act, 1882

Bluebook (21st ed.)Transfer of Property Act, 1882, § 119 (India)

Court Pleading StandardSection 119 of the Transfer of Property Act, 1882

Canonical Web linkhttps://nyaya.cloud/acts/transfer-of-property-act-1882/119

Embed this Section Card

Want to display this Section explanation card on your website? Copy and paste the HTML code below:

<iframe src="https://nyaya.cloud/api/widget/section?act=transfer-of-property-act-1882&sec=119" width="100%" height="250" style="border:none; border-radius:8px;"></iframe>

Source: Gazette of India (Official Publication)Verify egazette.gov.in ↗

Common Questions about Section 119 TPA

What is Section 119 of TPA?

Section 119 of the Transfer of Property Act, 1882 (TPA) defines and regulates "Effect of contract for the transfer of a share in a share". The section states: Where a contract is made with a person competent to transfer for consideration a share in a share, such contract shall be void, unless the transferee is a trustee for the transfero...

Landmark Case Laws