Section 20: When Unborn Person Acquires Vested Interest On Transfer For His Benefit – The Transfer of Property Act, 1882

Section 20: When Unborn Person Acquires Vested Interest On Transfer For His Benefit – The Transfer of Property Act, 1882

Section 20: When Unborn Person Acquires Vested Interest On Transfer For His Benefit. – Where, on a transfer of property, an interest therein is created for the benefit of a person not then living, he acquires upon his birth, unless a contrary intention appear from the terms of the transfer, a vested interest, although he may not be entitled to the enjoyment thereof immediately on his birth.