https://www.taxtmi.com/caselaws?id=192978 A conveyance of immovable property is not invalid merely because the consideration stated in the deed was not actually paid. Under the Transfer of Property Act, the decisive question is whether the parties intended title to pass immediately; if so, the conveyance remains effective unless prior payment was a condition precedent. A deed in the form of a conveyance cannot be upheld as a gift when the statutory requirement of attestation by two witnesses is not satisfied. On this reasoning, the conveyance was treated as valid and operative on execution and registration. en-us Fri, 16 Mar 1917 00:00:00 +0530 Thu, 06 Jul 2017 18:08:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=192978 A conveyance of immovable property is not invalid merely because the consideration stated in the deed was not actually paid. Under the Transfer of Property Act, the decisive question is whether the parties intended title to pass immediately; if so, the conveyance remains effective unless prior payment was a condition precedent. A deed in the form of a conveyance cannot be upheld as a gift when the statutory requirement of attestation by two witnesses is not satisfied. On this reasoning, the conveyance was treated as valid and operative on execution and registration. Case-Laws Indian Laws Fri, 16 Mar 1917 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=192978