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Issues: Whether a transfer of land by a husband to his wife in discharge of her claim to future maintenance, to be enjoyed during her lifetime, could be made without writing.
Analysis: Section 9 of the Transfer of Property Act permits transfer without writing unless writing is expressly required by law. The transaction was not a sale under Section 54 because the consideration was not "price", which denotes money, and not merely valuable consideration in a general sense. It was also not an exchange under Section 118 because the husband did not transfer ownership of the land and the wife did not transfer ownership of anything. The transaction was not rendered invalid for want of writing merely because it may be viewed as a family settlement or as relating to maintenance under Hindu law.
Conclusion: The transfer could be made without writing, and the question referred was answered in the affirmative.
Ratio Decidendi: A transfer in discharge of a wife's claim to future maintenance is not a sale or exchange within the Transfer of Property Act where no money price is paid or promised and no mutual transfer of ownership occurs, and such a transaction is not invalid for want of writing unless the law expressly requires it.