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As per Transfer of Property Act, living person means ………..
Human Being
Limited Company
Partnership Firm
All mention here
- The Transfer of Property Act defines "living person" in Section 5.
- It states that "living person" includes both an individual (human being) and a company or association or body of individuals—whether incorporated or not.
- Option 1: Human Being
Covered, as a human is a living person.
- Option 2: Limited Company
Also covered. A company is a body of individuals, incorporated.
- Option 3: Partnership Firm
Covered, as partnership firm is an association of persons.
- Option 4: All mention here
Correct. All these fit under the definition in the Act.
By: santosh ProfileResourcesReport error
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