If in the registeredgift deed a clause is there that during the lifetime of donor and doneee the gift can be revokled by the donor or donee rejecting the gift to donor clause is there then gift will revert to donor from the donee to the donor.. Except in such occassions a vaiid gift can't be revoked under any circumstances once made.Seebelow:If you appreciate this answer please conveymy forum thanks by clciking thanks.Subject to 126 of Transfer of property Act all gifts once made cannot be revoked.
THINGS TO REMEMBER
Once a gift deed of an immovable property is executed in favour of any recipient, the donor does not have the right to revoke or cancel the deed at a later stage, unless there is a specific clause mentioned in the deed. Section 126 of the property transfer Act provides for a situation wherein a gift deed may be revoked by the donor. For instance, if the property was gifted so that the recipient can reside in it, upon death of the recipient, the property will get transferred back to the donor if she is alive, else to the heirs of the recipient. Such details, however, need to be specifically mentioned in the gift deed.If you appreciae this answer please convey my forum thanks by clicking thanks.