If a property is transferred with the conditions that an interest created therein for the benefit of the transferee shall cease on his becoming insolvent such a condition is void under which of the following sections of the Transfer of Property Act?

If a property is transferred with the conditions that an interest created therein for the benefit of the transferee shall cease on his becoming insolvent such a condition is void under which of the following sections of the Transfer of Property Act? Correct Answer Section 12

Related Questions

Every notice of transfer of an actionable claim shall be in writing, signed by the transfereror or his agent or in case the transferor refuses to sign, by the transferee or his agent and shall state the name and address of the transferee. This is the provision under
X' and 'Y' jointly take a loan, from 'Z' with promise to repay the loan amount with interest within two years. Soon after taking the loan 'X' is declared as an insolvent and remains insolvent till the date of repayment of loan. 'Y' also fails to repay the loan. 'X' on account of his status as insolvent enjoys immunity from legal proceedings. In these circumstances: