If the karta of an HUF had entered into an written agreement on writing with his sisters that in future they wont have a share in the HUF's property somewhere in 1970's will that agreement be valid in the court of law ?
Vinayak Bhnadarkar (na) 05 June 2017
If the karta of an HUF had entered into an written agreement on writing with his sisters that in future they wont have a share in the HUF's property somewhere in 1970's will that agreement be valid in the court of law ?
Ms.Usha Kapoor (CEO) 06 June 2017
If your sisters have agreed in the said Written Agreement in 1970s not to claim their share in the written agreement/Family Settlement THEY CAN'T TURN AROUND AND CLAIM AGAIN THEIR SHARES IN THE PROPERTY BYPASSING FAMILY ARRANGMENT. THE WORDS OR PROMISE IN THEIR WRITTEN AGREEMENT IS BINDING ON THEM and they can't TURN THE CLOCK BACK.They can't sing a different tune now.
P. Venu (Advocate) 06 June 2017
Exact terms of the agreement as well the circumstances sorrounding its execution needs to be referred. It is equally important whether the agreement is registered.
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