12 June, 2017
Act No. 5 of 2017
An irrevocable deed of gift may be revoked on the ground on gross ingratitude by an order of a competent court. Legal action instituted for the revocation of an irrevocable deed of gift is required to be filed by the donor against the donee within 10 years from the date of execution of the deed of gift and within 2 years from the date on which the cause of action arose.
The donor should include an application of lis pendens with the Registrar of Lands of the district in which the deed was registered, or, if the deed was not registered, the district in which the land is situated. Every action filed under the provisions of this Act shall be proceeded with and regulated by the procedure provided for in the Civil Procedure Code.
For further information, please contact:
Savantha De Saram, Partner, D.L.&F. De Saram.
savantha@desaram.com
