K.Balakrishnan vs K.Kamalam. & Ors

The Supreme Court held that a gift-deed executed in favor of a minor, under Section 122 of the Transfer of Property Act, 1882, is valid if accepted by a guardian on behalf of the minor. The Court found that the gift-deed dated 24.9.1945 was irrevocable and that the subsequent cancellation deed and Will executed by the donor were ineffective. The Court reversed the lower court's decision, affirming the appellant's title to the property based on the original gift-deed.