The Techies (Student) 05 December 2019
Hello Everyone!
I wish to know that if a parent gave an amount of money to their children (son or daughter) (transferred in their bank account) and that child through that money purchased a property (solely by that money without any self contribution). Now are the parents capable under any law to reclaim either that property or that sum of money from their child? Because that child is harassing them unnecessarily.
Is this possible?
Thanks!
G.L.N. Prasad (Retired employee.) 06 December 2019
It depends on facts and stands of the parties and it is difficult to offer any guidance without knowing full, detailed and relevant facts on intentions, circumstances and claims. The general concept is once it is gifted, the owner can not claim as it is lending, However in case of senior citizens, there are instances where the revenue authorities accept petitions and counsel the children and for refund, the amount, as maintenance of parents is the responsibility of children. One has to approach to District collector through a petition stating such facts and harassment by son/daughter.
Shashi Dhara 06 December 2019
Adv Vinay Mathur + 8447131770 (Advocate) 06 December 2019
Dr J C Vashista (Advocate) 07 December 2019
Prima facie it is an academic exercise.
However, Gift is irrevocable and donee may use as s/he desired.
Adv Vinay Mathur + 8447131770 (Advocate) 07 December 2019
Adv Vinay Mathur + 8447131770 (Advocate) 07 December 2019
Member Strength 9,46,533 and growing..
© 2024 LAWyersclubindia.com. Let us grow stronger by mutual exchange of knowledge.
