Settlement deed

SUNDHAR M S T (Querist) 22 August 2016 This query is : Resolved
We are a family of 4. me, 2 sisters and one brother now.
When my mother was alive all 5 had entered into a settlement deed duly signed.
But I could not register it since they did not give the stamp paper doc to me.
After my mother's demise the settlement deed was in execution.
The deed said two sons would invest 1.25 laks in kvp which would fetch 2.50 lakhs in years. another 2.50 lakhs is payable by each son at the time of kvp maturity.

After my mothers demise sisters demanded the kvp for premature encashment for famly exigencies. I had agreed to part with kvp on their request.

A case was filed by two sisters saying that now they do not want to subscribe for the settlement deed and want 50% share.

Though it is admitted in writing that there was a settlement deed court do not seem to agree to it inspite of providing the evidence of kvp taken, etc,

What should be the action plan now..

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Guest (Expert) 22 August 2016
Mr. Sundhar,

Yours does not seem to be a real problem. Seems to be a hypothetical query. What do you mean to say, court do not "SEEM" to agree? The court is supposed either to agree or disagree on the issue. There is no scope of the term, "seem".

However, if true to some extent, what is the opinion of your own lawyer?

Rajendra K Goyal (Expert) 22 August 2016
Discuss all aspects with your lawyer, bring all facts with documents and evidences on court file and let the matter be decided on merit.

If not satisfied with findings of lower court may go for appeal.

Kumar Doab (Expert) 22 August 2016
The matter is in the court and court shall decide on merits.

adv.bharat @ PUNE (Expert) 22 August 2016
Court will decide the matter on merit and fact of case.

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