Question
According to the provisions for the sale of immovable
property, how should the transfer be made for tangible immovable property valued at one hundred rupees and upwards?Solution
Transfer of Property Act: Section 54. “Sale” defined—“Sale” is a transfer of ownership in exchange for a price paid or promised or part-paid and part-promised. Sale how made—Such transfer, in the case of tangible immoveable property of the value of one hundred rupees and upwards, or in the case of a reversion or other intangible thing, can be made only by a registered instrument. In the case of tangible immoveable property of a value less than one hundred rupees, such transfer may be made either by a registered instrument or by delivery of the property. Delivery of tangible immoveable property takes place when the seller places the buyer, or such person as he directs, in possession of the property.
Directions: In each of the questions, a sentence has been divided into four parts, one of which may contain an error. Identify that fragment and mark i...
Two of my intimate friends called on me (A)/ on yesterday when I was (B)/ away from home (C)/ No Error (D)
The GST Council which will now oversees the new tax architecture must focus initially on stabilising the system and then improving on the current design...
Read the sentence to find out whether there is any grammatical or idiomatic error in it. The error, if any, will be in one part of the sentence. If the...
A sentence has been divided into four parts, one of which may contain an error. Identify that fragment and mark it as your answer. Mark (E) if the sent...
A well-developed corporate bond market provides additional avenues to corporate for raising funds in a cost affective manner and reduces relian...
Identify the segment that contains a grammatical error. If there is no error, select 'No error'.
Mohan's mother asked him that if he had watered ...
- Of the four given options, choose the most appropriate one.
The following sentence has been divided into parts. One of them may contain an error. Select the part that contains the error from the given options. I...
The intertwining crises of food (A)/ and energy security is defining (B)/ the trajectory of the 21st century, (C)/ casting a long shadow over global sta...