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    <title>1976 (1) TMI 172 - Supreme Court</title>
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    <description>An oral family settlement may be valid and binding, and a later mutation petition or memorandum recording an already completed arrangement is not compulsorily registrable if it does not itself create or extinguish rights in immovable property. The settlement was treated as a bona fide division among close relations based on an acknowledged antecedent claim, so the arrangement was upheld. A party that knowingly accepts the benefits of such a settlement, remains in possession, and stays silent for years is estopped from later challenging it. The mutation was therefore to be attested in accordance with the settlement.</description>
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    <pubDate>Wed, 21 Jan 1976 00:00:00 +0530</pubDate>
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      <title>1976 (1) TMI 172 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=171693</link>
      <description>An oral family settlement may be valid and binding, and a later mutation petition or memorandum recording an already completed arrangement is not compulsorily registrable if it does not itself create or extinguish rights in immovable property. The settlement was treated as a bona fide division among close relations based on an acknowledged antecedent claim, so the arrangement was upheld. A party that knowingly accepts the benefits of such a settlement, remains in possession, and stays silent for years is estopped from later challenging it. The mutation was therefore to be attested in accordance with the settlement.</description>
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      <pubDate>Wed, 21 Jan 1976 00:00:00 +0530</pubDate>
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