https://www.taxtmi.com/caselaws?id=290506 Family settlement memoranda that merely record an earlier concluded and acted-upon arrangement do not themselves create or extinguish rights in immovable property and therefore do not require compulsory registration. This differs from an instrument that first embodies and creates the terms of a fresh family arrangement. Where relatives have implemented the settlement through reciprocal transfers and changes in possession, the equitable principle supporting bona fide family arrangements applies. A party that has accepted benefits under such an arrangement is estopped from later denying or resiling from it. Interference in second appeal must also remain within the limited scope prescribed by the Code of Civil Procedure. en-us Fri, 31 Jul 2020 00:00:00 +0530 Thu, 01 Oct 2020 11:03:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=290506 Family settlement memoranda that merely record an earlier concluded and acted-upon arrangement do not themselves create or extinguish rights in immovable property and therefore do not require compulsory registration. This differs from an instrument that first embodies and creates the terms of a fresh family arrangement. Where relatives have implemented the settlement through reciprocal transfers and changes in possession, the equitable principle supporting bona fide family arrangements applies. A party that has accepted benefits under such an arrangement is estopped from later denying or resiling from it. Interference in second appeal must also remain within the limited scope prescribed by the Code of Civil Procedure. Case-Laws Indian Laws Fri, 31 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=290506