KOKILAMBAL AND ORS. versus N. RAMAN
The settlement deeds executed by Kokilambal granted only a contingent interest to Varadan, effective after Kokilambal's death. Since Varadan died before Kokilambal, the interest did not vest absolutely. Kokilambal retained ownership and was entitled to revoke the settlements and make fresh ones.
- Parties
- Appellant: Kokilambal; Appellant: Babu @ Pilani; Appellant: Shantha @ Shanthi; Respondent: N. Raman
- Jurisdiction
- India
- Judgment Date
- 21 April 2005
- Procedural Posture
- Civil Appeal / Appeal Before Supreme Court From High Court Judgment
- Outcome
- Appeal allowed
- Legal Topics
- Settlement Deed, Contingent Vesting, Absolute Vesting, Revocation of Settlement, Transfer of Property Act
Case Brief
Summary, issues, holding and outcome
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Parties
Kokilambal
Appellant
Babu @ Pilani
Appellant
Shantha @ Shanthi
Appellant
N. Raman
Respondent
Procedural Posture
Civil Appeal / Appeal Before Supreme Court From High Court Judgment
Legal Issues
- 1 Whether settlement deeds executed by Kokilambal created vested or contingent interest in favour of Varadan; Whether the settlor could revoke the settlements and make new settlement deeds after the death of the settlee before the vesting of property
Ratio Decidendi
The settlement deeds executed by Kokilambal granted only a contingent interest to Varadan, effective after Kokilambal's death. Since Varadan died before Kokilambal, the interest did not vest absolutely. Kokilambal retained ownership and was entitled to revoke the settlements and make fresh ones.
Court Disposition
Appeal allowed
Orders
- Impugned order of High Court set aside
- Order of first appellate court set aside
Full Case Text
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