Transfer to members
pratik
(Querist) 25 July 2010
This query is : Resolved
22- Transfer to members of a class who attain a particular age.
Where, on a transfer of property, an interest therein is created in favour of such members only of a class as shall attain a particular age, such interest does not vest in any member of the class who has not attained that age.
Pls explain me the meaning of vest , vested interest . What as per section the age is not given so which age should be considered.
Thanks In Advance.
Chanchal Nag Chowdhury
(Expert) 25 July 2010
Vest means devolve.
Vested interest means interest which has devolved or accrued in favour of someone.
For this section to apply,some age has to be fixed.
pratik
(Querist) 25 July 2010
Sir
Thanks A Lot Thank You Very Much Sir.
Thanks Thanks Thanks Thanks Thanks Thanks Thanks Thanks Thanks Thanks Thanks Thanks
Sir It is also a kind request sir pls plsp pls pls pls pls .
TO give the guideliness regarding the below mentioned sir pls pls
Advanatges & Disadvanatges of filing of insolvency petition & the time limit to file it. Also who can file it.
A Book On which detail detail detail detail detail detail detail detail detail detail detail detail detail detail detail detail Information is given on Provisional Insolvency act, 1920. PLS
Thanks In Adavnce.
