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Law Indian Evidence Act Difficulty: Medium

The Indian Evidence Act, 1872 applies to

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A and B being traders, entered upon a contract. A has private information of a change in prices which would affect B's willingness to proceed with the contract For a loan, when there is stringency in money market, a banker asks for unusually high rate of interest. A accepts the loan on the terms. This is a Section 43 of the Transfer of Property Act, 1882, which deals with transfer by unauthorised person who subsequently acquires interest in immovable property transferred, underlines doctrine of On the dissolution of a partnership firm the partner is the first person who will receive his share capital from the assets of the firm. Section 11 of the Transfer of Property Act will be applicable only when the interest transferred in the property is