The Supreme Court of India has expressed concern over the erosion of the family institution, stating that people in India, while valuing the concept of 'vasudhaiva kutumbakam' (the world is one family), are failing to maintain unity even within their immediate families. This observation came in a case involving a dispute between a mother and her eldest son over property and family relations.
The Madras High Court has ruled that senior citizens can cancel gift or settlement deeds executed in favor of their children or close relatives if they fail to take care of them, even if it was not explicitly mentioned in the conditions imposed in the deeds. The court said the love and affection being the consideration, which can be traced out in the Settlement Deed, would be sufficient to hold that such love and affection was an implied condition that the senior citizen will be taken care of by the beneficiary of the Settlement Deed or gift deed.
The court listed the matter for further hearing on December 13.
Their downside is that the donor relinquishes all control over the transferred property, and certain tax implications may also arise.
"Her refusal to wear 'sakha and sindoor' will project her to be unmarried and/or signify her refusal to accept the marriage with the appellant (husband). Such categorical stand of the respondent (wife) points to the clear intention of the respondent that she is unwilling to continue her conjugal life with the appellant," the high court said in the judgment passed on June 19.
The government's agenda also includes the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021.
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