<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>2003 (12) TMI 643 - Supreme Court</title>
    <link>https://www.taxtmi.com/caselaws?id=184673</link>
    <description>A non-onerous gift of immovable property can be validly accepted on behalf of a minor, and acceptance may be express or implied through conduct or by natural guardians acting for the minor. Reading Sections 122, 123, 126 and 127 of the Transfer of Property Act together, the gift becomes complete once accepted and cannot be revoked merely at the donor&#039;s will, except in the limited cases recognised by law. Reserving possession, management and enjoyment to the donor during lifetime does not by itself defeat the transfer. On the stated facts, knowledge of the gift, retention of the deed, non-repudiation on majority, and no indication of non-acceptance supported validity of the gift deed.</description>
    <language>en-us</language>
    <pubDate>Thu, 18 Dec 2003 00:00:00 +0530</pubDate>
    <lastBuildDate>Sat, 16 Jul 2016 10:28:43 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=435124" rel="self" type="application/rss+xml"/>
    <item>
      <title>2003 (12) TMI 643 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=184673</link>
      <description>A non-onerous gift of immovable property can be validly accepted on behalf of a minor, and acceptance may be express or implied through conduct or by natural guardians acting for the minor. Reading Sections 122, 123, 126 and 127 of the Transfer of Property Act together, the gift becomes complete once accepted and cannot be revoked merely at the donor&#039;s will, except in the limited cases recognised by law. Reserving possession, management and enjoyment to the donor during lifetime does not by itself defeat the transfer. On the stated facts, knowledge of the gift, retention of the deed, non-repudiation on majority, and no indication of non-acceptance supported validity of the gift deed.</description>
      <category>Case-Laws</category>
      <law>Indian Laws</law>
      <pubDate>Thu, 18 Dec 2003 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/caselaws?id=184673</guid>
    </item>
  </channel>
</rss>