Legal Question in Civil Rights Law in India
cancellation of gift deed
respected sir, I had advanced in two phases a sum of Rs.20 lakhs to X and Y who happen to be the son and mother in relation. X is the principal borrower and Y stood as surety. Upon making a default in repayment of loan by X and Y, i instituted two money recovery suits of which one is decreed in my favour while other is pending for trial. During the pendency of suit, Y had alienated the property inspite of injunction orders which were subsequently dismissed on maintainability grounds while in other suit attachment on property exists but the orders were issued by the court subsequent to filing of the suit. It is point to note that 'y' had alienated the property inspite of pre-existing mortgage loan with third party wherein she had deposited the original title deeds as security and subsequently cleared the loan whereas she had alienated the property when the property was under mortgage. To execute my EP the only property available is the alienated property and i had instituted a gift cancellation suit which is in pending highlighting the Sec. 53 and 52 of The Transfer of Property Act. My question to you is whether i can succeed in the suit and in further can you elaborate the meaning of creditor as laid down in Sec.53. T.Q.
2 Answers from Attorneys
Re: cancellation of gift deed
In a pending court-case, it may be better to follow the advice of your counsel.
Re: cancellation of gift deed
You should seek advice from your lawyer.
Related Questions & Answers
-
We are 8 tenants to form society we are 8 members and 6 members are cooperating and... Asked 3/27/09, 9:20 am in India Civil Rights Law
-
Chque retarn I am given cash to Estete agent as a token mony & Stamp duty... Asked 3/26/09, 6:41 am in India Civil Rights Law
-
Recovery of debt I had given 55000rs to a person and made agreement on 100rs stamp... Asked 3/26/09, 5:23 am in India Civil Rights Law
-
Land partition my father have four brothers,they are not giving 1/5th of grand... Asked 3/26/09, 5:10 am in India Civil Rights Law
-
Civil matter sir, i have 30 cents land at kerala state. but it has no boundary. now... Asked 3/26/09, 4:04 am in India Civil Rights Law