DEAR FRRIENDS,
THERE HAS BEEN A LONG LITIGATION GOING ON BETWEEN ONE OF THE SHAREHOLDERS OF THE PRIVATE COMPANY INCORPORATED UNDER THE COMPANIES ACT 1956. THE COMPANY BOARD AND ALL THE SHARE HOLDERS OF THE COMPANY ARE OF THE OPINION TO END THE LITIGATION WITH THE LITGATING SHARE HOLDER AND IN COMPROMISE THE LITIGATING SHAREHODER WANTS A PORTION OF LAND OF THE COMPANY. MY QUESTION IS CAN A COMPANY GIVE LAND TO THE SHAREHOLDER IN FORM OF A COMPROMISE AND IS IT LEGALLY ACCEPTABLE .