Law · Transfer of Property Act
According to Section 125 of the Transfer of Property Act, 1882, what is the consequence if a gift is made to two or more donees and one of them does not accept it?
- 1The gift is suspended until all donees give their consent.
- 2The entire gift remains valid and the accepting donees receive the non-accepting donee's share.
- 3The gift is void as to the interest which the non-accepting donee would have taken.✓
- 4The gift becomes void in its entirety.
Correct answer
The gift is void as to the interest which the non-accepting donee would have taken.
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