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Title
the act of donation to the sole property upon the fulfillment of the obligation to pay capital gains tax constitutes a fraudulent act.
Summary
The act of making a donation to children of the sole property upon the fulfillment of the obligation to pay capital gains tax constitutes a fraudulent act, and thus, must be revoked and compensated for value.
Related statutes
Article 406 of the Civil Act
Cases
2013 Ghana 209561 Revocation of Fraudulent Act
Plaintiff
Korea
Defendant
QaA
Conclusion of Pleadings
Pleadings without Oral Proceedings
Imposition of Judgment
July 23, 2013
Text
1. The gift agreement entered into on September 2, 201 with the Defendant and the postB regarding the real estate listed in the separate sheet shall be revoked within the scope of OOB.
2. The defendant shall pay to the plaintiff OOO and the plaintiff 5% interest per annum from the day following the day when the judgment of this case became final and conclusive to the day of complete payment.
3. The costs of lawsuit shall be borne by the defendant.
Cheong-gu Office
The same shall apply to the order.
Reasons
1. Indication of claims: It shall be as shown in attached Form; and
2. Judgment without holding any pleadings (Article 208 (3) 1 of the Civil Procedure Act);