A settlement has been arrived between me & wife as follows:
1) I give 7 lacs as FD for my daughter (15 months) which she gets on attain mahority. 2 lacs on 1st motion, 4.5 lacs on 2nd motion and 50k on her birthday in march 2012
2) The custody of child remains with the mother and I as father get visitation rights on 2nd & 4th sunday.
The agreement was done infront of judge in a short time and was not able to think very minutely.
I have no issues on the 1st point.
In future I would like to approach the court for shared parenting when my daughter turns 3 and she starts to go to school. This way even my daughter will get a chance to have attachment with me. she may not be attached to me that much if i just remain as a visitor. May be if i am successful in getting my daughter close to myself I will like to file for custody as i can give better education, upbringing to her.
CAN THIS SETTLEMENT OF CHILD'S CUSTODY WITH MOTHER BE A PROBLEM FOR ME AT A LATER STAGE. I ALSO HAVE APPREHENSIONS THAT SHE MAY CREATE PROBLEMS IN MY MEETINGS WITH DAUGHTER ONCE MONEY IS PAID.
It would be right to backoff now for some reasons (my mother is suffering from cancer) or it would be better to back off after 1st motion... in that case i loose 2 lacs. i dont mind paying under 125 CrPC whatever the court decides.