Universal donee Sec 128 T P Act is ........

Transfer of Property Act Gifts

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Universal donee (Sec. 128, T. P. Act) is:

Not liable for any debt or liabilities.

Donee is personally liable for all debts due by and liabilities existing at the time of gift.

Donee is only liable for half of the liabilities.

Donee is only liable for the one-third of liabilities.

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Explanation:

Donee is personally liable for all debts due by and liabilities existing at the time of gift.

According to section 128. Universal donee

Subject to the provisions of section 127, where a gift consists of the donor's whole property, the donee is personally liable for all the debts due by and liabilities of the donor at the time of the gift to the extent of the property comprised therein.