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AI : The Bombay High Court held that gifts or property transfers by elderly parents to children carry an implied obligation of care

Bombay High Court Rules Gifts By Elderly Parents To Children Carry Implied Obligations

The Bombay High Court gave huge relief to the elderly mother who transferred property in her son’s favour, but he was not maintaining her. The court cancelled the relinquishment deed and ruled that the gifts to children are conditional as per provisions under the Senior Citizens Act

BY Outlook Money

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