conditional gift

Dear Sir,

first of all you have to know that a gift is a transfer of ownership without consideration. S122 of T.P. Act, as such if father wants to provide a right to only live to his unmarried daughter in certain part of house during her lifetime  then it is possible by way of licence beacuse GIFT IS ABSOLUTE TRANSFER OF OWNERSHIP.  as such it can not be conditional.

Dr Pratihar,

There can be conditional Gifts, there is no bar on making such gifts. I am enclosing a copy of the deed of conditional deed which can be utilised by making proper modifications to the same:

Dear Members,

 Kindly explain me the difference between the term GIFT and TRUST including LICENCE, and any specific ruling by which S.C. ever recognised such type of Conditional Gift within the ambit of facts shown by Prof Pratihar

Mr Vidyarthi

I think You are wrong. A gift can always be conditional and a man writing a gift or settlement in favour of his kith or kin can make out any comdition. such as reserving only a life estate and vested reminder to some body, or a conditions regarding performance of some duties etc. In the later case if the conditions to be performed by the donee are not done, then the donor can always cancell the same and the said recital can be part of the deed itself.

I request you to kindly go thro this proposition