Bare ActsThe Indian Trust Act, 1882

Section 86

Transfer pursuant to rescindable contract.

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

Where property is transferred in pursuance of a contract which is liable to rescission or induced by fraud or mistake, the transferee must, on receiving notice to that effect, hold the property for the benefit of the transferor, subject to repayment by the latter of the consideration actually paid.

Amended up to 2019-02-25View on India Code →
Section 86 – The Indian Trust Act, 1882 | DailyLaw.ai