According to Muslim Personal Law in India, a gift is known as "Hiba". The gift under Muslim law is given effect by a declaration of gift by the donor and its acceptance by the donee. Here's how it is done:
- Declaration (Offer) by the Donor (Offeror):
- Acceptance by the Donee (Offeree):
- The acceptance must be unqualified.
- The donee must accept the gift during the lifetime of the donor.
- Delivery of Possession (Actual or Constructive):
- After the declaration and acceptance, there should be delivery of possession.
- Delivery can be actual or constructive, depending on the nature of the subject matter.
- Registration (Optional):
- Registration of the gift deed is optional but advisable as it prevents any dispute regarding the gift in the future.
- Witnesses:
- Though not mandatory, it is advisable to have witnesses for the gift deed.
- Revocability:
- A gift under Muslim law, once accepted, is irrevocable. However, if the gift is made in contemplation of death (marz-ul-maut), it is revocable.
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