Section 134 in The Transfer of Property Act, 1882

Title: Mortgaged debt.

Description: Where a debt is transferred for the purpose of securing an existing or future debt, the debt so transferred, if received by the transferor or recovered by the transferee, is applicable, first, in payment of the costs of such recovery; secondly, in or towards satisfaction of the amount for the time being secured by the transfer; and the residue, if any, belongs to the transferor or other person entitled to receive the same.

Title: Assignment of rights under policy of insurance against fire.

Description: 1[135. Assignment of rights under policy of insurance against fire.-- 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 the 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.] 1. Subs. by Act 6 of 1944, s. 3, for section 135.

Title: [Repealed.].

Description: 1[Assignment of rights under policy of marine insurance.] Rep. by the Marine Insurance Act, 1963 (11 of 1963), s. 92 (w.e.f. 1-8-1963).] 1. Ins. by s. 4, ibid.

Title: Incapacity of officers connected with Courts of Justice.

Description: 1[136. Incapacity of officers connected with Courts of Justice.-- No Judge, legal practitioner, or officer connected with any Court of Justice shall buy or traffic in, or stipulate for, or agree to receive, any share of, or interest in, any actionable claim, and no Court of Justice shall enforce, at his instance, or at the instance of any person claiming by or through him, any actionable claim so dealt with by him as aforesaid.] 1. Ins. by s. 4, ibid.

Title: Saving of negotiable instruments, etc.

Description: 1[137. Saving of negotiable instruments, etc.-- Nothing in the foregoing sections of this Chapter applies to stocks, shares or debentures, or to instruments which are for the time being, by law or custom, negotiable, or to any mercantile document of title to goods. Explanation.-- The expression "mercantile document of title to goods" includes a bill of lading, dock-warrant, warehouse-keeper's certificate, railway receipt, warrant or order for the delivery of goods, and any other document used in the ordinary course of business as proof of the possession or control of goods, or authorising or purporting to authorise, either by endorsement or by delivery, the possessor of the document to transfer or receive goods thereby represented.] 1. Ins. by s. 4, ibid.