Photo of Radhika Parthasarathy

Associate in the General Corporate – Private Client Practice at the Mumbai office of Cyril Amarchand Mangaldas. Radhika advises families and individuals on legal matters relating to their business holdings as well as personal wealth. She advises clients in areas of trusts, estate and succession planning, corporate social responsibility and cross-border advisory. She can be reached at radhika.parthasarathy@cyrilshroff.com

Transferred Property

Introduction

Fifteen years ago, senior citizens (citizens aged 60 years and above), were provided the benefit of statutory protection for certain vital rights under the Maintenance and Welfare of Parents and Senior Citizens Act, 2007 (Senior Citizens Act). These rights included the right to reclaim property gifted or transferred to children or heirs.

Continue Reading Senior Citizens: Supreme Court clarifies position on reclaiming conditional gift