Transferrable and non transferrable property
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Transcript of Transferrable and non transferrable property
TRANSFERRABLE AND NON-TRANSFERRABLE PROPERTY
(Sec. 6 of the T.P. Act, 1882)
Property of any kind may be transferred except
Property which cannot be transferred by any law, for the time being, in force in India
Property which cannot be transferred otherwise as given in the Act
Hindu Law
C.P.C.Muslim Law
Transfer Opposed to Nature of Interest
Public Office
Easement apartfrom Dominant Heritage Mere Right of
Re-entry
Spec-successionis
Restricted Interest
Rt. to Future Maintenance
Mere Right to Sue
Pension & Stipends
UntransferableRight of Occupancy
Non-transferrable Property
1. Spec-successionis
Heir-apparent Any other possibility of like nature
Legacy
May not survive the Propositus
Propositus has made a will
The will in his favour might not be the last will
Lagatee may not survive the testator
Non-transferrable Property(Cont..)
2. Mere Right of Re-entry3. Easement apart from Dominant Heritage4. Restricted Interest5. Right to Future Maintenance6. Mere Right to sue7. Public office and salary of Public Officer
Non-transferrable Property(Cont..)
• 8. Pensions and StipendsStipends
Political Pension
Military Air-forceNaval
Non-transferrable Property(Cont..)
• 9. Transfer Opposed to Nature of Interest
Transfer opposed to the nature of the interest created thereby
Transfer made to a disqualified transferee
Transfer where its object/consideration in unlawful (Sec. 23 of the Contract Act)
Non-transferrable Property(Cont..)
Untransferable Right of Occupancy
Tenant untransferable right of occupancy
Lease of an estate under the management of a Court of Ward
Farmer interest in agricultural land