section 79
Transfer to one for consideration paid by another
The Jammu and Kashmir Trusts Act, 1977Civil197784 of 85 sections available4 chapters
Chapter 3 Chapter 3
Statutory text
Transfer to one for consideration paid by another.—Where property is transferred to the plaintiff for a consideration paid or provided by another person and it appears that such other person did not intend to pay or provide such consideration for the benefit of the transferee, the transferee must hold the property for the benefit of the person paying or providing the consideration. Nothing in this section shall be deemed to affect the Code of Civil Procedure, section 66.
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