INDIA CODE
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Act / Transfer of Property Act, 1882

Clause 122: gift

In forceA commencement is recorded; no ending event is recorded.
The law's words

122. gift."Gift" is the transfer of certain existing moveable or immoveable property made voluntarily and without consideration, by one person, called the donor, to another, called the donee, and accepted by or on behalf of the donee. [Acceptance when to be made] Such acceptance must be made during the lifetime of the donor and while he is still capable of giving. If the donee dies before acceptance, the gift is void.

Register reproduction note

The text above is a reproduction prepared for this register, not the certified Gazette wording. The Gazette in which the instrument was published remains the authentic record.

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