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Agreement deed

(Querist) 20 September 2012 This query is : Resolved 
Below is the agreement deed which is to be made between husband and wife to get mutual divorce. 498 and Dv act cases are pending in the court from five years.
Please advice whether this deed is good for Husband or not? Whether few more clauses are to be made in this deed? Is there some thing missing in this deed.
Whether the deed would be signed in front of Judge or Magistrate in any court?

COMPROMISED DEED
This deed of compromise made on this ………..Day of ……………..2012, between Husband (herein called as the 1st Party) and Wife (herein called the 2nd Party) on the following terms and conditions :-
1. That the 1st Party was married to 2nd Party on May 2005 according to Hindu Rites and Ceremonies at Panchkula.
2. That 1st and 2nd Party lived together and cohabited with each other at Ambala Cantt . Both of them moved to NOIDA after a short period and out of this lawful wedlock, a female child was born on 30 Dec 2006 at NOIDA.
3. That the 1st Party and 2nd Party tried their best level to adjust with each other but all in vain and have been staying separately from 30 Jul 2007. The efforts of all the relatives, friends and well wishers also failed in bridging the differences between them. The marriage has broken down irretrievably with out any possibility of retrievable. Therefore, the 1st Party and 2nd party have now mutually agreed to dissolve their marriage without any further bitterness.
4. That it has been resolved by the intervention of relatives and respectable of the 1st Party and 2nd Party that 1st Party will pay a lum-sum alimony of Rs ……….to the 2nd Party for all her expenses including the maintenance and other litigations and the female child will be kept by the 2nd Party through out her life and will have no concern whatsoever with the 1st Party and his family members in all concerns. This amount mentioned above is paid for 2nd Party as well as her female child. It is also settled that no claim of any kind for any litigation or any complaint in the court of law or before any officer will be filed by any of the parties. The female child will not claim any claim of any maintenance or any marriage charges or any claim of property from the 1st Party and his family members in future. The sole responsibility of female child will rest upon the 2nd Party in all respects.
5. That it has also been resolved that the 2nd Party will withdraw all the criminal cases filed against 1st Party Under Section 323, 406, 498-A, 504 and 506 IPC and ¾ of Dowry Act & U/S 18 F&G, 20 of Protection of women from Domestic Violence Act as well as u/s 125 if any, pending at Gautam Budh Nagar, Uttar Pradesh during the pendency of divorce petition.
6. That 1st installment of Rs 275000/- (Rs two lacs seventy five thousand only) will be paid through a Cheque No………………………. dated ……………….drawn on ………………………………..on day of filling of the divorce petition and 2nd installment of same amount will be paid on the last day of signing the divorce decree by Cheque No………………… .dated ………………drawn on ……………...
7. That none of the parties will claim anything in future from either party and all the disputes have been settled by this compromise.
8. That it has further been resolved that both the parties are bound by this compromise and they have no relation ship whatsoever with each other from today.
9. IN WITNESS WHEREOF both the parties have appended their signatures in the presence of witnesses mentioned below.


Witnessess:

1st Party

2nd Party.





Devajyoti Barman (Expert) 20 September 2012
Yes , it has basically covered all the points.
Bank upon the advice of your advocate as we do not know all the factors involved in your case.
Dharmender (Querist) 20 September 2012
What factors?

Is the agreement to be signed in front of magistrate?

What is the process of making an legal agreement?


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