Gift of property in possession of bailee, lessee, pledge or mortgage may be completed- formal transfer of possession - IQ786

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Gift of property in possession of bailee, lessee, pledge or mortgage may be completed- formal transfer of possession

Gift of property in possession of bailee, lessee, pledge or mortgage may be completed- formal transfer of possession

Without

With

Decided by court

None of these

Explanation

Some cases formal transfer of possession is not necessary