gift, it follows that if the
donee failed to do that which it has conditioned he should do,
the gift is revocable. The learned counsel ... failure to perform any of the conditions the
gift will be void, then certainly the gift could have been
revoked; the document "does
suit,
on the basis of revocation of the gift deed on the ground of the same being
conditional and not to the claim ... rescinded. Otherwise it provides that a gift cannot be revoked.
None of the conditions / circumstances prescribed in which gift can be
revoked are fulfilled
gift duly executed and attested, and the gift has been
accepted by the donee, the donor has no power to revoke the gift prior ... enforce
a gift of immovable property, it does not suspend the gift until registration
actually takes place; (ii) when the instrument of gift has been
Yogesh Kumar Malik vs Indian Oil Corporation Limited & Anr. on 17 April, 2018
Equivalent
parting with an asset or an interest in
an asset, including a gift, the payment of money, release, lease, or creation
CS(OS) 2670/2011 ... other encumbrance........the term embraces every method--
direct or indirect, absolute or conditional, voluntary or involuntary--of
disposing of or parting with property or with
counsel for the petitioners submitted that if the terms for
revocation of a gift deed are not mentioned thereunder, the same cannot be
revoked. Reliance ... gift deed in question could not have been cancelled by the
Appellate Tribunal inasmuch as the condition/s for revocation of the gift
deed
Specific Relief Act.
(f) As regards gift or settlement deed, a deed of revocation or
cancellation is permissible only in a case which fall under ... Registering Authority can
accept the deed of cancellation of gift for registration subject to the
conditions specified in para 42 of this judgment
each Rule. This is not so under the Gift Tax Rules. Rule 10 of the Gift Tax Rules provides for the valuation of property. While ... provides for fixation of capitalised value in respect of the gifts which are not revocable. In short, the valuation of assets for the purpose
Eveneet Singh vs Prashant Chaudhri & Ors on 20 December, 2010
Author: S.Ravindra Bhat
Sunny Paul & Anr. vs State Nct Of Delhi & Ors. on 15 March, 2017
