'A' gives one lakh rupees to 'B', reserving to himself with B's assent, the right to take back at…
Illustration (b) to TPA section 126 gives this precise example. The gift remains good for ₹90,000 but is void for the ₹10,000 whose return the donor reserves solely at…
Choose your answer
'A' gives one lakh rupees to 'B', reserving to himself with B's assent, the right to take back at pleasure Rs.10,000 out of one lakh. The gift
Answer and explanation
Correct answer C
Illustration (b) to TPA section 126 gives this precise example. The gift remains good for ₹90,000 but is void for the ₹10,000 whose return the donor reserves solely at pleasure. The donee’s agreement does not make a revocation condition depending only on the donor’s will valid.
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