Gift deed recall

Querist : Anonymous (Querist) 19 May 2021 This query is : Resolved
How to return the gift settlement given by our fatherther

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Sankaranarayanan (Expert) 20 May 2021
Vague query. Give clarity on your query

SHIRISH PAWAR, 7738990900 (Expert) 20 May 2021
Hello,

As per my opinion, if you want to return the gift given by your father then you can again gift it to your father through the registered gift deed.

T. Kalaiselvan, Advocate (Expert) 20 May 2021
If the gift deed was executed by a registered gift deed, and if the same was executed within three years from this date then you and the donor can execute a registered cancellation deed jointly to cancel the registered gift deed.
If it is beyond three years then you may have to transfer the property by a registered deed to your father/donor.

Advocate Bhartesh goyal (Expert) 20 May 2021
Once a gift deed is registered, it can't be revoked or cancelled however a suit for declaration to declare gift deed null and void may be filed on ground of fraud and coircion.

kavksatyanarayana (Expert) 20 May 2021
You shall execute the Gift deed for the same property as it cannot be revoked.

Dr J C Vashista (Expert) 21 May 2021
A registered gift deed is irrevocable.
However a suit for cancellation may be filed.
It would be better to consult and engage a local prudent lawyer for appreciation of facts/ documents, professional advise and necessary proceeding.

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