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1
The distinction between benami and sham transactions is that -
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AIn Benami transaction the real owner pays the consideration and purchases the property in the name of another and in the sham transaction the executor of the sale deed has no intention to convey the property
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BIn benami transaction the other person pays the consideration and the real owner purchases the property in his name and in the sham transaction the executor of the saie deed has intention to convey the property
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CIn the benami transaction there is no intention to convey the property but in sham transaction there is intention to convey the property
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Dnone of the above is correct
2
In Execution of a decree other than a decree of maintenance, salary of a person can be attached to the extent of-
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ARs. 400 plus two third of the remainder
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BRs. 500 plus one half of the remainder
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CRs. 1,000 plus one third of the remainder
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DRs. 1 .000 plus two third of the remainder
3
Which of the following case decided by the
Privy Council, relates to 'fraudulent transfer'?
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AMusahar Sahu v. Hakim Lal
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BMiddleton v. Pollock
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CUnion of India v. Rajeshwari & Co.
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DAll of the above
4
A Municipal Board, under a resolution gave
possession of a land to 'X' and' V with a right
to make construction on the said land subject
to a condition that after termination of lease,
the construction shall belong to the Municipal
Board. 'X' and 'V accep
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Alease
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Busufructuary mortgage
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Clicence
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Deasement
5
A' contract to sing for 'B' at 8 concert and
gets Rs. 1,000 as advance. 'A’ is too ill to sing,
here:
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A'A' is bound losing.
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B'A' is bound to compensate 'B' for toss.
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C'A' is bound to return the amount of advance.
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DNone of the above
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