Asset deed must save parents: Madras HC

When senior citizens bequeath their property to their children by way of gift or settlement, a clause will henceforth have to be incorporated in the deed saying that the transferee will provide basic/physical needs to their parents under section 23 of Maintenance and Welfare of Parents and Senior Citizens Act, 2007, the Madras high court has ruled. Justice S Vaidyanathan said that if the transferee refuses to do so, the said transfer of property shall be deemed to be made by fraud or coercion or undue influence.

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