Settlement deed
G Krishnamurthy
(Querist) 03 October 2015
This query is : Resolved
At what circumstances a settlement is necessary and has it to be registered and is it at par with a will?
G KRISHNAMURTHY, Chennai -61
Sudhir Kumar, Advocate
(Expert) 04 October 2015
repeated
http://www.lawyersclubindia.com/experts/Settlement-deed--563776.asp
Sudhir Kumar, Advocate
(Expert) 04 October 2015
also repeated
http://www.lawyersclubindia.com/experts/-settlement-deed-563781.asp
Rajendra K Goyal
(Expert) 04 October 2015
No reply if query academic or repeated.
dev kapoor
(Expert) 04 October 2015
Hi,
"Settlement deed" is not equivalent to Will.It can at the most be said to be at par with a Partition Deed.
In case of dispute w.r.t shares in immovable property among shareholders, it is sometimes advised to go for a settlement deed.It has the effect of vesting tangible share marked in the settlement deed SD.It should be registered defining tangible share of each share holder.Unlike a Will it takes effect immediately from the day it is registered.
Questioner is requested not indulge in repeating qns & if the ethics or rules of this site prohibit,plz don,t put us through academic qns.
Anyways Quest is Quest.
dev kapoor
(Expert) 04 October 2015
Hi all,
In fact a tactful qnr can formulate a qn of academic nature to appear like nonacademic and in that even Experts do reply.I am afraid the definition 'academic' is sky-wide.Let's not be totally indifferent to certain good qns, nature apart,else a real qnr will not join us.
Happy Sunday
T. Kalaiselvan, Advocate 
(Expert) 10 October 2015
Expert Mr. Dev Kapoor explained the question very well though nothing more to add, a small piece of information that the an unregistered settlement deed can always be contested and chances for making it invalid due to its nature whereas the conveyance through a registered settlement deed stands strong against any contest until and unless the adversity is proved.
