Transfer of Property Act, 1882
W hen t wo per sons mut uall y tra nsf er t he owners hip of one t hing for t he owne rship of a not her, neither thing or bot h thi ngs bei ng mone y onl y, the tr ansact ion i s call ed an “e xc ha nge”. A transfer of property in completion of an exchange can be made only in manner provided for the transfer of such property by sale.