Property and Trust Law

Under Section 2(12) of CPC, mesne profits are profits received by someone in unlawful possession of property. The key word is 'unlawful' - it refers to wrongful possession without legal right. Wrongful possession is similar but 'unlawful' is the precise legal term used in the statute.

Under CPC provisions on execution of decrees, money, hundis ( negotiable instruments), and electricity can all be attached and sold to satisfy a decree. Therefore, none of the listed items are exempt from attachment - all can be seized.

The unpaid seller's right of stoppage in transit (Section 50) becomes available only upon the buyer's insolvency. Unlike other rights such as lien (Section 47) or re-sale (Section 54), stoppage in transit specifically requires that the buyer has become insolvent as a precondition for its exercise.

Under Hindu law, coparcenary property is joint family property in which interest is acquired by birth. A child becomes a coparcener by virtue of being born into the family, not by inheritance or marriage. This is a fundamental principle of Mitakshara school of Hindu law. Inheritance becomes relevant only upon the death of a coparcenary, and marriage does not create coparcenary rights. Interest by birth is what distinguishes coparcenary from other forms of property holding.

This is the correct answer.

This is the correct option. To ‘accumulate’ something is to gather together a quantity of something.

Hiba is a Muslim gift - voluntary transfer of property without consideration. Aariat and Sadaqa are other Islamic gift concepts. Hiba-ba-sharat-ul-iwaz is a gift with exchange/condition. The definition matches Hiba exactly.

Criminal breach of trust (Section 405 IPC) specifically deals with property that has been entrusted to the offender. The essence of this offence is the betrayal of trust - when someone dishonestly misappropriates or converts property they were lawfully entrusted with. It differs from theft which involves taking property without consent.

Under Section 17 of the Registration Act, 1908, the registration of a gift of immovable property is compulsory. A gift deed must be registered to be valid, ensuring proper documentation of property transfers and preventing fraud through unregistered transfers.

Option (1) is incorrect: A cannot revoke this authority. Option (2) is incorrect: Authority cannot be terminated even if A becomes insane. Option (3) is incorrect: Authority cannot be terminated even if A dies. Option (4) is correct: If the contract is not expressed, then A cannot revoke this authority nor can it be terminated by his death or insanity.

Option (1) is correct: In a pledge, ownership of property or goods remains with the pledger. Option (2) is incorrect: Never transferred to the pledgee Option (3) is incorrect: It cannot be transferred to the pledgee under any circumstances.

Option (1) is incorrect: Section 25 of the Transfer of Property Act deals with conditional transfer. Option (2) is incorrect: Section 19 of the Transfer of Property Act deals with vested interest. Option (3) is correct: Section 14 of the Transfer of Property Act deals with rule against perpetuity. 

Option (1) is incorrect: Section 38 of the Transfer of Property Act, 1882 states provision of transfer by person authorised only under certain circumstances to transfer. Option (2) is incorrect: Section 39 of the Transfer of Property Act, 1882 states provision of transfer, where third person is entitled to maintenance. Option (3) is incorrect: Section 40 of the Transfer of Property Act, 1882 states burden of obligation imposing restriction on use of land. Option (4) is correct: The transfer by ostensible owner is provided under Section 41 of the Transfer of Property Act, 1882.

Option (1) is incorrect: Under Transfer of Property Act, 1882, lease cannot be terminated orally. Option (2) is correct: Lease can be terminated by giving notice in writing. Option (3) is incorrect: Lease cannot be terminated by sending an agent. Option (4) is incorrect: Lease cannot be terminated on telephonic communication.