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Gift Deed Validity and Irrevocability Upheld in Tamil Nadu Khadi and Village Industries Board Case. Supreme Court dismisses appeal, reinforcing the validity of absolute gift deeds without revocation rights under Section 126 of the Transfer of Property Act, 1882.

This case addresses the validity of a gift deed dated 05.03.1983, where the Tamil Nadu Khadi and Village Industries Board was granted title over a pro...