Value of family settlement made on plain paper

Surender Oberoi (Querist) 23 November 2011 This query is : Resolved
Does a family settlement made on a plain paper among 4 out of total 7 members of a family, with signatures of 4 family members and those of the extended family as witnesses hold any worth in a court of law?

ie. Is such a document admissible in court
in case any of the family members does not honour the settlement?

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Shonee Kapoor (Expert) 24 November 2011
As long as not all have signed, it has no value.

Regards,

Shonee Kapoor
harassed.by.498a@gmail.com

prabhakar singh (Expert) 24 November 2011
Mr.Shonee Kapoor has hit the bull eye very intelligently.

Rajeev Kumar (Expert) 24 November 2011
Agree with experts

Sailesh Kumar Shah (Expert) 26 November 2011
Agree with views of Mr.Shonee.

Surender Oberoi (Querist) 29 November 2011
one of the clauses in the family settlement is the sale of a property by 2 persons to 1 person. Now when all these 3 persons (out of total 4 present) i.e. vendor and vendee have signed the agreement; doesn't it hold any value in a court of law?

Arun Kumar Bhagat (Expert) 24 December 2011
In criminal court it is admissible.

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