X wants to make gift of property to Y which is to come in his hands in future. Whether this gift is valid?
CS Executive · Economic and Commercial Laws · PYQS · June 2021
X wants to make gift of property to Y which is to come in his hands in future. Whether this gift is valid?
Answer & Explanation:
Where a person wants to make a gift of the property which is to come in his hands in future, he cannot transfer it because a gift is a voluntary transfer without any consideration. Thus a gift of future property is void.
Topics: Transfer of Property Act, 1882
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