Legal Question in Wills and Trusts in India
i executed and registered a gift deed fora piece of land to a trust to use the same for public usage in memory of my late father. the trust failed. What I have to do to cancel the gift and take back my land
Asked on 8/05/12, 4:16 am
2 Answers from Attorneys
IqbalAhmed Shaikh
Moavin Legal Associates
It is settled law that Once a gift is complete, the same cannot be rescinded. For any reason whatsoever, the subsequent conduct of a donee cannot be a ground for rescission of a valid gift. You must seek other options to ask trust to fulfill its obligations under its objectives.
Answered on 8/05/12, 8:22 pm
Aniruddha Pawse
Aniruddha.P.Pawse Advocates
i agree with adv Shaikh
Answered on 8/06/12, 6:32 am
Related Questions & Answers
-
How many years a louber shoud work in farm to become kul Asked 8/01/12, 11:34 pm in India Probate, Trusts, Wills & Estates