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In which of the following cases, the Supreme Court has held that "It is open to the donor to transfer…

K Balakrishnan v K Kamalam recognizes a gift transferring ownership immediately while the donor reserves possession and enjoyment for life. Reservation of a life interest is…

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In which of the following cases, the Supreme Court has held that "It is open to the donor to transfer by gift, title and ownership in the property and at the same time reserve life possession and enjoyment to himself"?

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Correct answer C

K Balakrishnan v K Kamalam recognizes a gift transferring ownership immediately while the donor reserves possession and enjoyment for life. Reservation of a life interest is compatible with a completed transfer of title; it does not by itself make the gift testamentary or postpone its acceptance until death. The cited case is (2004) 1 SCC 581.

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