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Showing contexts for: gift deed undervalued in Shri Radha Krishan vs Shri Sri Krishan on 26 March, 2025Matching Fragments
2. It is further claimed that the defendant no. 1 fraudulently obtained a Gift Deed dated 18.11.1988 from their mother, Smt. Ratan Devi, claiming himself to be the sole owner of the said property. The Gift Deed was undervalued at Rs.68,450 instead of its real worth of Rs.3,00,0000 to evade higher stamp duty. The defendant no. 1 mutated the property in his name and the plaintiff seeks its cancellation by obtaining a decree from this court. It is alleged that the plaintiff came to know about the said Gift Deed only on 21.07.1999 when he appeared in another suit which was filed by the defendant no.1 against the plaintiff (i.e. Suit No. 569/97 titled as Radha Kishan versus B.K. Gupta). The _________________________________________________________________________________ CS DJ 611266/16, CS DJ 611389/16 and CS DJ 12459/16 Page No. 4 of 23 plaintiff also averred that the aforesaid Gift Deed is a forged document as Smt. Ratan Devi had no ownership right and the Will dated 28.01.1948 and its codicil dated 27.05.1958 granted her a lifetime residence right.