A executed a gift deed in favour of B with respect...

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A executed a gift deed in favour of B with respect to an immovable property worth Rs. 90/-. The deed was duly attested but was not registered. B, in a suit, claimed title by virtue of the above gift deed. Is his claim maintainable?

A. No, the deed is not valid

B. Yes, the deed is valid since the value of the property is less than Rs. 100/-

C. Deed is valid since the gift is a document which requires no consideration

D. None of the above

Answer: Option A

This Question Belongs to Law >> Transfer Of Property Act

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