Section 12. Annulment of transfer by landlord in certain cases.

12. Any transfer of property made by a landlord or other person acting on his behalf between the day on which the first chapter of this Act comes into force and the day on which he applies under section 4, not being a transfer made before and in consideration of marriage or made in favour of a purchaser or encumbrances in good faith and for valuable consideration, may be annulled at the instance of any creditor, if the Special Judge finds that such transfer was made with a view to deprive the landlord’s creditors of their rights under this Act.