What is the legal consequence in case a person gifts the whole of his property(or most of his property ) to another? if so,
Can the decree-holder proceed against the property in the hands of the universal donee?
kamalakar (self employed) 29 November 2009
What is the legal consequence in case a person gifts the whole of his property(or most of his property ) to another? if so,
Can the decree-holder proceed against the property in the hands of the universal donee?
saquib (Advocate) 30 November 2009
Dear Mr. Kamlakar,
Your question needs more elaboration as the background is not available.
In case of a Hindu (Karta) disposes off whole or most of joint family property :
If the gift is made while suit is pending in a court.
Or the transfer has been made with a dishonest intention to Defraud the Decree Holder.
then we can file a suit or proceed against the suit property in Execution Petition.
Regards,
Saquib
Mumbai (09272990869)