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vijay111   05 May 2016

Validity of giftdeed of property with bankloan

The propery is agriculture land pledged in bank  for  loan , and  it was  registered as gift deed  by mentioning the survey no , donar now passed away. Is the registration valid  now  can it be challenged  by other heirs   as at the time of registration its mortgaged to bank.



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 1 Replies

G.L.N. Prasad (Retired employee.)     05 May 2016

The present physical possession, acquiring of the asset by the donar, relationship between the donar and donee , age &  health of donor, etc are key factors.  Better to engage an advocate and act as per his advice.


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