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1987 (5) TMI 32 - SUPREME COURTwhether a gift by a coparcener of his undivided coparcenary interest to another coparcener is void or not? Held that:- Rami Reddy made the gift for the common benefit of the donee as well as his sons as held by the High Court. Assuming that it is a renunciation in favour of one of the coparceners, namely, Veera Reddy, such renunciation enures for the benefit of all other coparceners and not for the sole benefit of the coparcener in whose favour the renunciation was made. In our view, the gift made by Rami Reddy to Veera Reddy should be construed as renunciation of his undivided interest in the coparcenary in favour of Veera Reddy and his sons who were the remaining coparceners. The gift was, therefore, valid construing the same as renunciation or relinquishment by Rami Reddy of his interest in the coparcenary and, accordingly, the consent of other coparceners was immaterial. The conclusion arrived at by the High Court is affirmed though on a different ground. The appeal is dismissed.
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