Undivided immovable property
shyam lal
(Querist) 09 May 2024
This query is : Resolved
:One of the beneficiaries of a unregistered family settlement where it is mentioned that the shares of the undivided property is to divided in to 25 percentage each. Has said after signing the MoU of family settlement unregistered that my son would take decision regarding the partion of immovable property.
Query.. Can any one not mentioned in the family settlement legally dictate terms and be binding on rest of other share holders.
T. Kalaiselvan, Advocate
(Expert) 09 May 2024
This memorandum of family settlement has been arrived among the members of the family after proper discussion among themselves into the modalities and the conditions therein, therefore if it has the approval of the members to the MOU, then there can be no infirmity in it, however it should be ensured that no outsider of the family is allowed to dictate any terms in this arrangement
shyam lal
(Querist) 10 May 2024
Thanks answer to query well understood
