Cancellation of Assigment Deed

A Deed of Assignment cannot be cancelled, since it is a conclusive conveyance of the property in favour of another. In Maharashtra the Sub-registrar offices do not even accept a Deed of Cancellation of a Deed of Assignment or a Sale Deed. There has to be a re-conveyance of the property with payment of Stamp Duty. A Gift Deed stands on the same platform.

The only option for cancellation would be to approach the Courts with a declaratory suit declaring the cancellation of the Deed of Assignment.

However, an Agreement can be cancelled.

The opinion of Murtja is accurate.