Income Tax Department

Ministry of Finance, Government of India

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Section 135

Assignment of rights under policy of insurance against fire

Section

Section Number

135

Chapter

VIII - OF TRANSFERS OF ACTIONABLE CLAIMS

Act

Transfer of Property Act, 1882

Year

Assignment of rights under policy of insurance against fire

Assignment of rights under policy of insurance against fire

Assignment of rights under policy of insurance against fire

135. Every assignee, by endorsement or other writing, of a policy of insurance against fire, in whom the property in the subject insured shall be absolutely vested at the date of assignment, shall have transferred and vested in him all rights of suit as if the contract contained in the policy had been made with himself.

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