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Section 122: “Gift” defined.

The Transfer of Property Act, 1882Central Act · Act 4 of 1882

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 till capable of giving,

If the donee dies before acceptance, the gift is void.

Where this provision sits

ActThe Transfer of Property Act, 1882
Section122
Marginal note“Gift” defined.
JurisdictionCentral
StatusIn force as published by the source
Judgments citing it4

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