VidhiSangh

Transfer of Property Act, 1882

Section 121: Exchange of money

Chapter VI — Of Exchanges

121. On an exchange of money, each party thereby warr ants the genuineness of the money given by him. 1 . The words “with the previous sanction of the Governor General in Council” omitted by Act 38 of 1920, s. 2 and I Schedule.

Source: official text of the Transfer of Property Act, 1882.