Monday, October 29, 2018

Donor can stipulate conditions in a Gift Deed and resort to cancellation on non-compliance

Donor can stipulate conditions in a Gift Deed and resort to cancellation on non-compliance
An appeal was made to the Supreme Court raising a fundamental question as to the legality and nature of a gift deed wherein the donor reserves his right to possession and enjoyment of the property and the conveyance is subjected to the fulfillment of certain stipulated conditions present in the deed.
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