Transfer of Property Act, 1882
Transfer of Property Act, 1882
II — 1 · Section 36

Apportionment of periodical payments determination of interest of person entitled

Synced on 04 Jul 2026Text as per India Code

In the absence of a contract or local usage to the contrary, all rents annuities, pensions, dividends and other periodical payments in the nature of income shall, upon the transfer of the interest of the person entitled to receive such payments, be deemed, as between the transferor and the transferee, to accrue due from day to day, and to be apportionable accordingly, but to be payable on the days appointed for the payment thereof.

Judgments on Section 36