https://www.taxtmi.com/caselaws?id=179604 A bona fide family arrangement entered into to preserve family peace, avoid dispute, and formalise an understanding among family members was treated as valid and binding, even without a strict existing conflict of legal claims. The arrangement was supported by the family's circumstances and the parties' settled understanding, so it was upheld as a true family settlement. The document also did not require registration because it did not itself create, declare, assign, limit, or extinguish any present interest in immovable property; it merely recorded that the family would remain joint and that shares would be taken on a future partition. en-us Tue, 01 Mar 1966 00:00:00 +0530 Sat, 05 Mar 2016 11:00:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=179604 A bona fide family arrangement entered into to preserve family peace, avoid dispute, and formalise an understanding among family members was treated as valid and binding, even without a strict existing conflict of legal claims. The arrangement was supported by the family's circumstances and the parties' settled understanding, so it was upheld as a true family settlement. The document also did not require registration because it did not itself create, declare, assign, limit, or extinguish any present interest in immovable property; it merely recorded that the family would remain joint and that shares would be taken on a future partition. Case-Laws Indian Laws Tue, 01 Mar 1966 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=179604