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104 htestates

HINDUSTAN TIMES. NEW DELHI.


SATURDAY. AUGUST 05. 2017

Law regarding sale of minor's prop


ht three years after the attainment
of majority is barred by the Limi­
\ tationAct.
law Another important aspect
with regard to the property held
in the name of a minor is that spe­
SUNIL TYAGI cific performance of agreement
is not possible against minors tf
A minor as per 'The Hindu there is non-compliance of man­
Minority and GuardianshipAct, datory provisions of the Act
1956' ("Act") is a person who has relating to alienation of minor's
not completed the age of eighteen property i.e., any agreement to
years. In view of the tender age of sell entered into by a guardian on
the minor, the Act provides for behalfofminorwithouttheper­
the management of the person mission ofthe court.
and the estate of a minor by his The courts of law have on vari­
natural guardian i.e. his father ous occasions have held that for
and his mother. However, the an agreement to sell the property
natural guardian does not have owned by a minor and/ or any
unrestricted power and control property in which a minor has
over the minor's property. The any share, a decree for specific
Act also deals with the powers of performance cannot be granted
the natural guardian in this tf prior permission of court has
regard and clearly prescribes the not been obtained by the natural
procedures that a natural guard­ guardians for the sale of such
ian is required to follow/comply property or such share in a prop­
with before dealing with the erty owned by the minor.
property ofthe minor. Therefore, it is mandatory
The natural guardian has the that before entering into any
power to do all necessary and contract regarding the sale of an
reasonable act for the benefit of immovable property held by a
minor's estate. However, with­ minor, prior permission of court
out the prior permission of the • The natural guardian has the power to do all necessary and is obtalned so that the contract is
Court, a natural guardian can­ reasonable act for the benefit of minor's estate MINT/FILE enforceable and valid in the eyes
not mortgage, charge, transfer of law and any transaction by a
by any means any part of the Therefore, if the property the law, i.e. within a period of naturalguardianof immovable
immovable property of the owned by a minor was sold, three years from the date on property owned by a minor with­
minor. transferred, conveyed or dis­ which he attains majority. If the out due sanction of the court will
A natural guardian requires posed in contravention of the minor, after attaining majority not have any legal force and
prior permission ofthe Court to provisions of the Act, the same (18 years) and within the limita­ would not be binding on such
lease the property of a minor for can be set aside by the minor on tion period chooses not to chal­ minor.
more than 5 (five) years or for a attaining majority. But this right lenge the alienation, the aliena­
term extending more than 1 (one) of minor is subject to the rule of tion will be considered to be per­ Theauthor is Senior Partner,
year beyond the date on which limitation. fectly valid. On the other hand, tf ZEUS Law, acorporatecomrner­
theminorwill attalnmajority.In It means that minor can exer­ he challenges the alienation cial lawjirm. One ofits areas of
case a disposal of minor's prop­ cise the option to repudiate or within the limitation period, the specialization is real estate advi­
erty is made without obtaining validate the sale deed which was validity ofthe alienation will be sory and litigation practice.
the prior permission of Court, made without the prior permis­ decided by the court.
then such a disposal is voidable sion of the court of law, but he Any suit to set aside an aliena­ Ifyou have any queries, email
at the instance of the minor or must exercise such option tion of minor's property by the us at htestates@hindustan­
any person clalming under him. within the period prescribed by natural guardian filed more than times.com or ht@Zeus.jirm.in

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