David Mcgreggor (na) 11 May 2010
Hi,
My question is in regard to a gift deed based on an MOU which was part of an out of court settlement.
As per the MOU the donor was to gift the flat via a gift deed to the donee and also perform some other tasks. More than a year after the Gift Deed was registered the donor has not completed the tasks and now wishes to withdraw the MOU.
Can an MOU which has been registered in a court be withdrawn? What happens to the Gift Deed? Can it be revoked because the MOU is being withdrawn?
Thanks!
R.R. KRISHNAA (Legal Manager) 11 May 2010
If the MOU been duly recorded in court then it cannot be withdrawn unless it shown before the court that fraud has been done in execution of MOU. Otherwise the MOU will stand valid.
Moreoever if the gift deed which had been executed/registered in pursuance of the MOU is irrevocable in terms of its clause then there can be no revocation of gift deed.
Seshagiri Viswanatha Rao (Asst Secy to Govt Retired) 12 June 2010
IRREGILAR CLAIM PF GIFT SETTLEMENT DEED EXEMPTION OF STAMP DUTY CLAIMS BY MISREPRESENTATION COHERCION FRADULENT DOCUMENTS PENAL LEGAL ACTION INDICATE ANY COURT VERDICTS IN SIMILAR CASES
Seshagiri Viswanatha Rao (Asst Secy to Govt Retired) 13 June 2010
GIFT SETTLEMENT ANCESTRAL PROPERTY GRANTING AUTHORITY
SIR
KINDLY INDICATE THE ACTUAL COMPETENT AUTHORITY FOR GRANT OF ANCESTRAL PROPERTY DOCUMENTS VIZ TAHSILDAR OR SUB REGISTRAR
THANKS AND HAVE A GOOD DAY
S V RAO
Member Strength 9,47,971 and growing..
© 2024 LAWyersclubindia.com. Let us grow stronger by mutual exchange of knowledge.
