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Supreme Court of India
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Civil Law
Bare Acts
The Transfer of Property Act, 1872
Section 97-137
Section 100
Section 105
Section 107
Section 118
Section 121
Section 122
Section 127
Section 128
Section 134
Section 118- "Exchange" defined

When two persons mutually transfer the ownership of one thing for the ownership of another, neither thing or both things being money only, the transaction is called an "exchange".

A transfer of property in completion of an exchange can be made only in manner provided for the transfer of such property by sale.

     
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