Bare ActsThe Goa Succession, Special Notaries and Inventory Proceeding Act, 2012

Section 120

When the donee is insolvent

Amendment status not verified — confirm the current text below against the official source.

When the donee is insolvent.— Where the gift consists of movables and the donee is insolvent, the parties may claim from the immediate transferees, if the transfer was done gratuitously and the right is not extinguished by prescription, the value of such movables at the time of the acquisition. ---22---

Section 120 – The Goa Succession, Special Notaries and Inventory Proceeding Act, 2012 | DailyLaw.ai