Contract between Husband and wife

Dear Mr Govind,

Such contract/agreement will not remain valid incase your wife cliams her right over the property and take legal option for this.

The Hindu Marriage Act and other ralted acts will override the agreement signed between you and your wife. You should not go for such type of arrangements as it will complicate the matter in future.

Regards,
Kamal Prasoon Sinha

If that take divorce later say after 3 or 4 years, will thisagreement between me and her still stands invalid?

I think we need to do major ammendments in Hindu marriage Act. When someone is not contributing anything in the life and property of life partner, how one can claim his/her property?

The very objective of a bank lending the money for the housing loan insisting on the wife as co-applicant is to make her also jointly liable for the loan, in case of default by the husband. When she is liable for the repayment she would also be entitled for the respective rights. Even otherwise the contract would be void as advised by Mr.Sinha.

Availed the facilities for time being, therafter asked her reliquish her rights.

Well, you have to understand thathere, contribution is only paper for time being... not the monetary

Yes, it is wrong to deprieve her from right but right comes with duties and responsibilities

anyway this is not the part of discussion, I posted it here as a part of case study I though to study about Hindu Marriage Act and Contract Act

Conflicts of Law and what serious change our law need to be made

One of my friends is in USA and his wife is in India.His wife is expecting some money from his husband so that she can take a land and construct a house in Hyderabad.But she wants to keep the property on her name and she is ready to pay back in the future (interest & Principal amount) to her husband.Now what sort of loan contract should be created between wife and husband and the loan contract should be trouble free even in case there is any problem in the future like divorce/separation etc.