Transfer of Property Act, 1882
Transfer of Property Act, 1882
VII · Section 137

Saving of negotiable instruments, etc

Synced on 04 Jul 2026Text as per India Code

Nothing in the foregoing sections of this Chapter applies to stocks, shares or debentures, or to instruments which are for the time being, by law or custom, negotiable, or to any mercantile document of title to goods.

Explanation.—The expression “mercantile document of title to goods” includes a bill of lading, dock-warrant, warehouse keeper's certificate, railway receipt, warrant or order for the delivery of goods, and any other document used in the ordinary course of business as proof of the possession or control of goods, or authorising or purporting to authorise, either by endorsement or by delivery, the possessor of the document to transfer or receive goods thereby represented.]

the schedule

(a) STATUTES

Year and Chapter Subject Extent of repeal 27 Hen Year VIII, c. 10 Uses. . . The whole. 13 Eliz., c. 5.. . . Fraudulent conveyances The whole. 27 Eliz., c. 4.. . . Fraudulent conveyances The whole. 4 Mm., and Mary, c. 16 Clandestine mortgages The whole.

(b) A CTS OF THE G OVERNOR G ENERAL IN C OUNCIL

Number and year Subject Extent of repeal IX of 1842 …… Lease and release . The whole. XXXI of 1854…. Modes of conveying land. Section 17. Section 1; in the title, the words XI of 1855… Mesne profits and “to mesne profits and”, and in improvements. the preamble “to limit the liability for mesne profitand”. XXVII of 1866….. Indian Trustee Act Section 31. So far as it relates to Bengal IV of 1872…… Punjab Laws Act Regulations I of 1798 and XVII of 1806. So far as it relates to XX of 1875…. Central Provinces Laws Bengal Regulations I of Act 1798 and XVII of 1806. So far as it XVIII of 1876 ….. Oudh Laws Act relates to Bengal Regulation XVII of 1806. I of 1877…… Specific Relief In sections 35 and 36, the word “in writing”.

(c) R EGULATIONS

Number and year Subject Extent of repeal Bengal Regulation I of Conditional sales 1798 The whole Regulation.

Bengal Regulation XVII of 1806. Redemption The whole Regulation.

Acknowledgment of Bombay Regulation V debts; Interest; Section 15. of 1827. Mortgagees in possession.

Judgments on Section 137