Legal Settlements

Simple compromise agreement

 

THIS AGREEMENT of compromise made at __________ on this ____ day

of ___________, 2000 between A son of _____________ resident of
___________________ (hereinafter called Party No. 1) of the ONE PART
and B son of ____________ resident of

___________________ (hereinafter called Party No. 2) of the OTHER PART.

WHEREAS disputes and differences have arisen between the parties

aforementioned regarding _____________________.

AND WHEREAS the parties have agreed to settle their disputes and
differences amicably between themselves without recourse to
litigation and for that purpose are willing to abandon their claims in
the manner hereinafter appearing.

NOW THIS DEED WITNESSETH THAT IT IS HEREBY AGREED AS

FOLLOWS:

1.

2.

IN WITNESS WHEREOF, the parties have hereunto set and subscribed

their respective hands, the day, month and year first above written.

Signed and delivered by the within named A

WITNESSES

1.

2.
Signed and delivered by the within named B

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Terms of compromise in a suit

 
in the court of ___________________ at ___________
 
Suit no. ________ of 2000 Sh. ABC ......... Plaintiff Versus Sh. XYZ ........
Defendant
 
Consent Terms
 
The Suit be and is hereby compromised between the parties hereto on
the following terms and conditions viz.
 
1.     The defendant shall pay to the plaintiff the sum of Rs. __________
per month as maintenance allowance during her lifetime for the
maintenance of herself and a sum of Rs. 200 per month for the
maintenance of her minor daughter C up to her marriage.
2.     The defendant shall pay to the plaintiff the sum of Rs. __________
in respect of her legal and other expenses.
3.     In case the defendant shall fail to pay maintenance allowance to
the plaintiff for six consecutive months, decree in terms of prayer (a)
of the plaint to be executed forthwith.
4.     The plaintiff covenants that she will remain chaste and lead a
good moral life during her lifetime.
 
Decree in terms of the above terms.
 
Dated this _____ day of __________, 2000.
 
_________Advocate for plaintiff SH. ABC Plaintiff
 
_________Advocate for defendant SH. XYZ Defendant

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Family Arrangement In Which The Daughters Convey Their

Shares In Favour Of Their Brother
 

THIS DEED is made at ………….. on this ……….. day of ……. 19 …….

between Smt. A wife of Shri ………. resident of …………. hereinafter
called as Smt. A, of the ONE PART and Smt. B wife of Shri ……….
resident of ………. hereinafter called as Smt. B of the SECOND PART
and Shri C son of D resident of …… hereinafter called as Shri C, of the
THIRD PART.

WHEREAS D now deceased was seized and possessed of the property,

more particularly described in Schedule hereto, and the said D has
died on …… intestate.

AND WHEREAS the parties to this deed are the only legal heirs entitled
to share in the estate of D.

AND WHEREAS Smt. A and Smt. have been married in very

respectable families and the said D had spent substantial sums on
their marriage and the said D had been paying money and offering
gifts to them on the occasion of festivals and functions in the family
and after the death of said D, C has been paying money and offering
gifts to them on the occasion of festivals and functions in the family.

AND WHEREAS on account of their love and affection, the said Smt. A
and Smt. B are desirous to transfer their shares to C for his absolute
use and benefit free from encumbrances.

NOW THIS DEED WITNESSETH AS FOLLOWS:

1. In pursuance of the said agreement and in consideration of the

premises, the paid Smt. A and Smt. B as beneficial owner hereby
assign and release unto Shri C all that their shares and interests in the
property described in the Schedule hereunder written to hold the
same unto the said Shri C as absolute owner thereof without any
encumbrance or charge.
2. The said Smt. A and Smt. B hereby agree, undertake and declare
that none of them will have any right, title or interest in the property
described in the Schedule hereto or any other property which is found
later on to be left by the deceased D and C will hold the said property
as absolute owner thereof without any encumbrance or charge.

3. The said Smt. A and Smt. B include their respective legal heirs,
successors and legal representatives.

4. The cost of the execution and registration of this deed shall be

borne by Shri C.

5. The said Smt. A and Smt. B have obtained independent advice and
they are fully aware of meaning and effect of this deed.

IN WITNESS WHEREOF, the parties have set and subscribed their

hands to this writing the day and year first hereinabove written.

The Schedule above referred to

Signed and delivered by the within named Smt A

Signed and delivered by the within named Smt. B

Signed and delivered by the within named Shri C

WITNESSES;

1.

2.