Start learning 50% faster. Sign in now
S. 19. 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.
The system based on individual leadership is a __________ system.
‘The Race of my Life’ is the autobiography of which of the following sportsmen?
Which is the oldest aluminium refinery plant in India?
The Siri Fort in New Delhi was constructed during the reign of which medieval Indian ruler?
Who was recently appointed as the president of Hungary by the parliament?
Which among the following have the lowest sex-ratio as per 2011 Census?
In a volleyball game, each team comprise of how many players?
Who was conferred with the Banker's Bank of the Year Award 2022?
The Ministry of Electronics and Information Technology launched the India Semi-conductor Mission in the year ______.
What is the primary purpose of an IP address in a network?