• The
scope of the TP Act is limited.
• It
does not cover the entire dimension of transfer of property.
• The
Act applies to transfers by act of parties.
• It
does not regulate a transfer by operation of law i.e.
-Insolvency declared by court,
Inheritance.
-Forfeiture or Sale in execution of
decree
• The
Act applies only to transfers inter vivos i.e.
transfer by one living person to another living person.
• A
transfer of property which takes place under a will or succession is not
covered by this Act.
• A
major portion of the enactment is applicable to the transfer of immovable of
property.
• It
saves the rules of Mohammedan Law.
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