Would request enlightenment regarding the below. Thank You.
A and B are father and son respectively.
Ramchander S (Mech Engg) 12 October 2014
Would request enlightenment regarding the below. Thank You.
A and B are father and son respectively.
naveenraj jain (proprietor) 12 October 2014
Ramchander S (Mech Engg) 12 October 2014
No, What I have stated is correct. The Gift Deed was revoked and not the POA.
I am not sure if the law supports it or not but a Revocation Deed was given by B and the Deed got registered.
So what I have stated in the first post is factually right. Hence my initial questions.
Advocate Bhartesh goyal (advocate) 12 October 2014
A gift deed transfers the ownership of real property to a new owner for no consideration. The former owner no longer has any authority over the property. It has a new owner. The deed cannot be "cancelled" by the former owner. A gift deed can be nullified by a court order for several reasons that include the following:
.{1} undue influence
{2} fraud or forgery
Ramchander S (Mech Engg) 12 October 2014
Thank You Bhartesh Goyalji for the clarity.