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    <description>A memorandum that merely records an already concluded and acted-upon family settlement does not itself create or extinguish rights in immovable property and is not compulsorily registrable. Where close relatives have implemented a bona fide family arrangement through reciprocal transfers and changes in possession, the settlement carries special equity and estoppel prevents a party from resiling after taking benefit under it. The distinction between a fresh instrument creating rights and a record of a prior settlement is determinative on registration. The note also reflects that second appeal interference must remain within the limited scope under Section 100 of the Code of Civil Procedure, 1908.</description>
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