Question
Under common law principles on trusts (applied in Indian jurisprudence), Mr. W transfers property valued at ₹100 lakhs to Mr. X with the following circumstances: (i) no consideration is given (gratuitous transfer); (ii) no written trust instrument is executed; (iii) the parties are not family members; (iv) no verbal declaration of beneficial ownership is made. Years later, W claims he retains beneficial interest in the property. Which of the following correctly determines W's legal entitlement?
More Other Laws and Acts Questions
- Section 7 states that: “No person carrying on any industry, operation or process shall discharge or emit any environmental pollutant in excess of such sta...
- Contract with minor is ____________________
- How many witnesses will be required for the proof of any fact ____.
- How must the transfer of tangible immovable property valued at one hundred rupees or more, or intangible property, be made?
- Pending proceedings in a representative suit, the dispute is settled between plaintiff and defendants. They jointly filed an application to record settleme...
- When a court is satisfied that the omission to include a new plaintiff or defendant in a suit was due to a mistake made in good faith it may direct that t...
- In an LLP agency-
- Under Section 29 of the Consumer Protection Act, 2019, read with the rules made thereunder, the President and every member of a District Commission shall o...
- Consider the following statements about protected systems: 1. Only specified computer resources notified as such can be “protected systems”. 2. Access to...
- “The law regarding dying declaration is that it is an exception to the general rule against hearsay evidence elaborated in section 60 of the Evidence Act.”...
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)