Transfer of actionable claim has exaction under section of 130 T.P. Act:
Verified Answer
A. It does not apply to transfer of life insurance policy
B. It does not apply to the transfer of marine or fire policy
C. It does not apply to vehicle insurance policy
D. None of the above policy applies
Explanation:
Section 130 of the Transfer of Property Act, 1882, deals with the transfer of actionable claims. Life insurance policies, marine or fire policies, or vehicle insurance policies are generally considered actionable claims and can be transferred under TPA, unless specifically excluded by other laws or their nature. Thus, none of the options are general exceptions to Section 130.