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Law · Q345

Transfer Of Property Act

Graduate and Post Graduate · Law · question 345

Q345

Under section 16 of the Transfer of Property Act, 1882 where an interest created for the benefit of a person or class of persons fails then:

A.
Any interest created in the same transaction intended to take effect after or upon failure of such prior interest also fails
Answer
B.
Any interest created in the same transaction and intended to take effect after or upon failure of such prior interest does not fail
C.
Such failure does not affect
D.
None of the above

Answer: Option A

Solution

Answer: Option A
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