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Section 137 - Saving of negotiable instruments, etc : Transfer of Property Act, 1882

 

 

What is the provision regarding Saving of negotiable instruments, etc? Section 137 of Transfer of Property Act, 1882

Section 137 of Transfer of Property Act 1882 : "Saving of negotiable instruments, etc"

137 . Nothing in the foregoing sections of this Chapter applies to stocks, shares or debentures, or to instruments which are for the time being, by law or custom, negotiable, or to any mercantile document of title to goods.

Explanation.-The expression "mercantile document of title to goods" includes a bill of lading, dock-warrant, warehouse-keeper's certificate, railway-receipt, warrant or order for the delivery of goods, and any other document used in the ordinary course of business as proof of the possession or control of goods, or authorizing or purporting to authorize, either by endorsement or by delivery, the possessor of the document to transfer or receive goods thereby represented.

 
 

TRANSFER OF PROPERTY ACT 1882

Section 126 - When gift may be suspended or revoked

Section 127 - Onerous gifts

Section 128 - Universal donee

Section 129 - Saving of donations mortis causa and Muhammadan law

CHAPTER VIII
TRANSFERS OF ACTIONABLE CLAIMS

Section 130 - Transfer of actionable claim

 

 

Section 130A - Transfer of policy of marine insurance (Repealed)

Section 131 - Notice to be in writing, signed

Section 132 - Liability of transferee of actionable claim

Section 133 - Warranty of solvency of debtor

Section 134 - Mortgaged debt

Section 135 - Assignment of rights under policy of insurance against fire

 

 

Section 135A - Assignment of rights under policy of marine insurance (Repealed)

Section 136 - Incapacity of officers connected with Courts of Justice

Section 137 - Saving of negotiable instruments, etc

 

 

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