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SETTLEMENT DEED
Tenant’s son sold landlord’s property to two buyers despite 2005 SC eviction order; Madras HC rejects buyers’ plea for this reasonA tenant family sold property belonging to landlord Mr Paulin despite a Supreme Court eviction order. The Madras High Court found the sale ...- Father gave his share of joint family land to second son; first son lost challenge but got 1/8th share in father’s self-acquired land, know whyA recent Madras High Court case addressed the inheritance dispute between two brothers regarding family property. Balakrishnan challenged t...
- Succession planning: When a family breaks up, how does the business survive?If the next generation wants to preserve the family business bot not necessarily together, here’s how they can execute the split without im...
- TVS family succession dispute raises governance questions for listed companies, says InGovernA succession dispute concerning the Venu Srinivasan family has emerged, affecting both TVS Holdings and TVS Motor Company. The disagreement...
- Sister’s husband claimed he got his father-in-law's land via oral gift and sold it but her brothers objected; Madras HC rules in brothers' favour for this reasonSister’s husband’s family sold her father’s 36 cents land claiming he had got the land via oral gift; Madras HC rules this oral gift invali...
- ESOP Muddle: 7 ways ESOPs are used to trick accounts, taking minority shareholders for a rideCompanies do not always pay employees through salaries and bonuses. Sometimes, they reward them with shares – or the right to buy shares at...
- Byju’s parent to hold 32% in Aakash after settlementThe eventual holding will be higher than the roughly 25.75% TLPL owned before Aakash’s Rs 240-crore rights issue became the subject of liti...
- Sisters demanded 1/3 share in parents’ lands, citing Hindu Succession Law, but brother won the case in Madras HC; know whyBrother cuts sisters from parents lands & wins case: Sisters wanted to apply Hindu law of succession and get 1/3rd share in parents’ lands,...
- Grandmother gifted 2.5-acre land to son’s second wife, who sold it; granddaughter challenges sale claiming it to be ancestral land, but loses case in the High Court for this reasonGranddaughter lost 2.5 acre of land as her grandmother had gifted it to her step-mother who sold it; Madras HC rejects granddaughter’s ance...
- Second marriage declared void? Children can still inherit father’s property under Hindu Marriage Act: Know the lawCan children from a void second marriage claim father’s property? Know their inheritance rights under Hindu law. HC says Section 16 of the ...
- In 1902, Colorado miner Joe Fleshuts built a simple cabin to claim a piece of land; more than 120 years later, the cabin still stands inside Rocky Mountain National ParkIn 1902, Joe Fleshuts constructed a log cabin to stake his claim under the Homestead Act, aspiring to own 160 acres in Colorado's scenic Ka...
- SBI loses original papers for property loan; court orders bank to pay Rs 5,000 per day penaltyThe Bombay High Court ordered State Bank of India to pay daily compensation. This order came after the bank admitted losing original proper...
- Wife living in London gives POA to family friend to manage his Vadodara property, friend gifts it to son and daughter-in-law; husband files case and wins in Gujarat HCMr Purshotam Ranchhodbhai Pankhania and his late wife living in London trusted their friend and gave him the POA to manage their India prop...
- Disinherited in a Will? A settlement deed can still give son or daughter rights over propertyA Kerala High Court ruling clarifies that a settlement deed holds legal power over a Will. Even if children are excluded from family proper...
- Joint mutual will alert: Surviving spouse can’t change beneficiaries after partner’s death - what parents must knowDaughters secured an inheritance in Kerala despite their parents' Will. The High Court ruled in their favour, granting them a share of the ...
- Father gave elder son POA and property settlement deeds; younger brother files forgery case against him and nephew files civil case; SC orders criminal trialThe Supreme Court has revived a criminal forgery case concerning family property settlement deeds. This landmark ruling allows criminal pro...
- Gift deed Vs Will: Sister to get late father’s property after 30-year-fight with brother, rules Supreme CourtSupreme Court: A sister had to fight in multiple courts over a period of about 30 years with her brother for possession of their late fathe...
- HC hands senior citizens big power, allows parents to cancel gift deed if children fail to take care of themSenior citizens have the right to cancel deeds given to their relatives if care obligations are unmet, as ruled by the Madras High Court. T...
- Parents can reclaim property if children fail to provide promised care, rules High CourtThe Madra High Court stated that parents have the right to cancel a settlement deed if it is explicitly mentioned that the property was tra...
- Kirloskar Bros discloses family settlement deedKirloskar Brothers has become the first company to disclose its promoters' entire ‘deed for family settlement’ (DFS) according to new regul...
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