The provisions relating to “Onerous gift” have provided under Transfer of Property Act, 1882 in:-

The correct answer is (a).

Section 127 of the Transfer of Property Act, 1882 deals with onerous gifts. An onerous gift is a gift that is made subject to a condition that the donee shall perform some act or render some service to the donor or to a third person.

The following are the provisions relating to onerous gifts under the Transfer of Property Act, 1882:

• Section 127(1): An onerous gift is voidable at the option of the donor if the donee fails to perform the condition.
• Section 127(2): The donor may, however, waive his right to avoid the gift.
• Section 127(3): If the donee performs the condition, the gift is valid and the donor cannot recover the property.
• Section 127(4): If the donee dies before performing the condition, the gift is void.

The following are the explanations for each option:

• Option (b): Section 124 of the Transfer of Property Act, 1882 deals with the general principles of gift.
• Option (c): Section 125 of the Transfer of Property Act, 1882 deals with the acceptance of a gift.
• Option (d): Section 126 of the Transfer of Property Act, 1882 deals with the revocation of a gift.