Legal Question in Civil Rights Law in India
Gift Settlement cancellation
I am Indian living in Tamil Nadu.
A gift settlement deed was made before 34 years from today. The person who made the gift settlement deed is alive. Will he be able to cancel the Gift deed settlement? Any Time constraint for the above cancellation?
Asked on 12/24/08, 2:56 am
3 Answers from Attorneys
Nandita Haldipur
Haldipur Associates
Re: Gift Settlement cancellation
no, generally once a gift is made and accepted it is complete
Answered on 12/24/08, 3:42 am
Homi Maratha
N.N. Maratha & Co.-Advocates
Re: Gift Settlement cancellation
No it cannot be cancelled once it is accepted.
Answered on 12/24/08, 5:17 am
Sudershan Goel
India Law Offices of Sudershan Goel - Advocate
Re: Gift Settlement cancellation
In normal situation, a gift deed is not revokable.
Answered on 12/27/08, 10:33 am
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