Gift deed property on minor
vishnu
(Querist) 28 January 2015
This query is : Resolved
I would like to gift deed property on my minor children.
can i put clause that no one has right to sell minor property even with court permission (including natural guardian and guardian appointed by court) till the child is major.
as i'm afraid that guardian appointed by court may misuses the minor property.
Devajyoti Barman
(Expert) 28 January 2015
A contract in restraint of legal proceeding is void.
So even if you writ such clause the same will have no force though the gift deed will be valid.
Rajendra K Goyal
(Expert) 28 January 2015
Repeated query:
http://www.lawyersclubindia.com/experts/-registering-property-on-minor-daughters-520216.asp#.VMjfItKUePw
http://www.lawyersclubindia.com/experts/Gift-deed-property-on-minor-520441.asp#.VMjfKNKUePw
http://www.lawyersclubindia.com/experts/Gift-deed-property-on-minor-520471.asp#.VMjfL9KUePw
Sailesh Kumar Shah
(Expert) 29 January 2015
I do agree with views of learned expert sh. devajyoti barman.