LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

VRK (business)     23 October 2021

If conditional gift not reached conditions, who cancel deed?

We gifted land to a NGO for specific purpose and tenure is in three years mutually agreed, but NGO not responded till now, this is almost sixth year, no response for reminders from NGO. Now feel deed automatically cancel or mutually cancel or file a civil suit for cancellation?


Learning

 1 Replies

Rama chary Rachakonda (Secunderabad/Telangana state Highcourt practice watsapp no.9989324294 )     23 October 2021

A gift is valid and complete on registration. ... A deed of gift once executed and registered cannot be revoked, unless the mandatory requirement of Section 126 of Transfer of Property Act, 1882 is fulfilled.


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register