https://www.taxtmi.com/caselaws?id=760730 A registered gift deed that is expressly accepted by the donee, followed by mutation and taking of possession, operates as an absolute transfer when no power of revocation is reserved. Revocation is permissible only within the limited contingencies in Section 126 of the Transfer of Property Act, 1882, and mere non-use of the gifted property does not create a right to revoke. In a suit seeking declaration of title with recovery of possession, limitation is assessed by the substantive relief claimed: the possessory claim is governed by Article 65 of the Limitation Act, 1963, so it is not barred merely because the suit was filed after the alleged revocation. en-us Thu, 24 Oct 2024 00:00:00 +0530 Sat, 26 Oct 2024 08:15:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=760730 A registered gift deed that is expressly accepted by the donee, followed by mutation and taking of possession, operates as an absolute transfer when no power of revocation is reserved. Revocation is permissible only within the limited contingencies in Section 126 of the Transfer of Property Act, 1882, and mere non-use of the gifted property does not create a right to revoke. In a suit seeking declaration of title with recovery of possession, limitation is assessed by the substantive relief claimed: the possessory claim is governed by Article 65 of the Limitation Act, 1963, so it is not barred merely because the suit was filed after the alleged revocation. Case-Laws Indian Laws Thu, 24 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=760730