Hi,
My question is in regard to a gift deed based on an MOU which was part of an out of court settlement.
As per the MOU the donor was to gift the flat via a gift deed to the donee and also perform some other tasks. More than a year after the Gift Deed was registered the donor has not completed the tasks and now wishes to withdraw the MOU.
Can an MOU which has been registered in a court be withdrawn? What happens to the Gift Deed? Can it be revoked because the MOU is being withdrawn?
Thanks!