Amendment status not verified — confirm the current text below against the official source.
Where. a perso11, after any amounthas beco1I1e,duefrom him, creates a? on or parts "Withthe property belongingto him or in his possession by,wayof sal?,mortgage,exchange.or any other mode of transfer whatsoever of any of his properties in favour of any other person with the intention of defrauding the Government revenue, such chargeor transfer shall be void as against any claim in. respect of any tu or any other sum payableby the said person: Provided that, such chargeor transfershall'liptbe void if it is made for adequate consideration, in good fai? and without notice : of the pendency of such proceedingsunder this Act or without notice of suclitaxor other sum payableby the said person, -9r with the previous permission. of the proper officer. I Transfer of property to? void in certain cases. I I i 31 of2016