Sales of minor gift deed by mother for the interest of minor
VIKAS
(Querist) 19 June 2016
This query is : Resolved
a gift deed has been execute in favour of minor(s) in delhi now my query is that is there any provision or restriction in the law in respect of further sale of such gift deed. because the mother of both the minor child wants to sale out such property in the interest of both minor.
further inform that such gift deed specifically contain the clause about the freely further transfer which would be in the interest of both the minor child.
kindly assist me or clarification
Thanks
Vikas Kumar
Kumar Doab
(Expert) 19 June 2016
You have posted that it is provided for in the gift deed; " gift deed specifically contain the clause about the freely further transfer which would be in the interest of both the minor child."
Show the need for welfare of minors and obtain permission for court.
adv.bharat @ PUNE
(Expert) 19 June 2016
You need to take permission from the court w.r.t. sale of that property is EXCLUSIVELY for the benefit of minor or LEGAL necessity. Then only u can proceed legally.
Devajyoti Barman
(Expert) 20 June 2016
Sale of Immovable proeprty of a minor without permission of court is a voidable agreement.
So apply in court to obtain such permission.
R.K Nanda
(Expert) 20 June 2016
Agree with experts.
Rajendra K Goyal
(Expert) 20 June 2016
Take permission of the court to dispose the property of minor.
VIKAS
(Querist) 23 June 2016
Thanks to all for giving me a right path in respect of this issue.
Kumar Doab
(Expert) 24 June 2016
You are welcome.
It is good to see that Some authors come back to post thanks to the experts.
