India, July 9 -- Parents who gift their children property on the condition that the latter will take care of them in their old age can reclaim this property if the bargain isn't kept, the Bombay high court held, clarifying that this applies even if the parents are financially independent.

A division bench of acting chief justice Ravindra Ghuge and justice Gautam Ankhad was hearing a petition filed by a 42-year-old Lower Parel resident, challenging an order that directed him to hand over possession of a flat in Lower Parel to his 68-year-old father.

The father, a jeweller had bought the flat in March 2005, where he lived with his wife, son and son's family. After 18 years, he gifted it to his son by executing a Gift Deed on May 8, 2023, ...