Question 1145
Legal Reasoning
2013
Medium
MCQ
+1.00 marks · -0.25 negative
PRINCIPLE: If a person transfers movable or immovable property with its full ownership and without any consideration to some other person, then it is called a gift.
FACTS: S, who has no child of his own, makes a gift of his house worth Rs. 25 lacs to his nephew R. After completing all the legal formalities required for a valid gift, S says to R that in case of need R will provide that house to S for use without any questions. R does not react to it. After one year of this gift, S really needs that house and request R to make the house available to him, but R refuses to do so.
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