Transfer of Property Act, 1882
Transfer of Property Act, 1882
II — 1 · Section 12

Condition making interest determinable on insolvency or attempted alienation

Synced on 04 Jul 2026Text as per India Code

Where property is transferred subject to a condition or limitation making any interest therein, reserved or given to or for the benefit of any person, to cease on his becoming insolvent or endeavouring to transfer or dispose of the same, such cond ition or limitation is void. Nothing in this section applies to a condition in a lease for the benefit of the lessor or those claiming under him.

Judgments on Section 12