Section 12State of Jammu-Kashmir Act
Section 12: Condition making interest determinable on insolvency or attempted alienation
Condition making interest determinable on insolvency or attempted alienation.
- Where property is transferred subject to a condition or limitation making any interest therein, reserved or given to or for the benefit of any person, to cease on his becoming insolvent or endeavouring to transfer or dispose of the same, such condition or limitation is viod.Nothing in this section applies to a condition in a lease for the benefit of the lessor or those claiming under him.Previous
Sec 11 — Restriction repugnant to interest created
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