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Learn MoreLorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Learn MoreLorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Learn MoreA voluntary organisation established on 6th July 1949, BCAS has presently more than 9,000 members from all over the country. BCAS is a principle-centered and learning-oriented organisation promoting quality service and excellence in the profession of Chartered Accountancy.
Learn MoreLorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Learn MoreLorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
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No part of an ancestral family property can be ‘gifted’ away,
the Bombay High Court has held in a significant order while resolving the
dispute over a 69-year-old gift deed. Justice C. L. Pangarkar declared as void
the document dating back to 1941, which said that Miraj resident Mallapa had
gifted a portion of his ancestral property to his second wife Chandrabai ‘out of
love’.
Referring to Hindu laws, Justice Pangarkar held that the
‘coparcener’ or co-heir had no power to gift a joint family property, unless he
is the sole surviving legal heir.
Justice Pangarkar pointed out that as per Mitakshara, a
person can gift a portion of the family property only during certain
eventualities — “during distress for the sake of the family and especially for
pious purposes’’.
(Source : The Times of India, dated 18-3-2010)