Family settlement

shyam lal (Querist) 12 September 2023 This query is : Resolved
Query is what is the legal remedy when One of the co share holders refuses to honour the MoU of family settlement

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If a co-shareholder refuses to honour a family settlement MoU, you cannot legally force them to compromise. Your primary legal recourse is to file a suit for partition with the court. This action can also include seeking an injunction against the co-owners.

T. Kalaiselvan, Advocate (Expert) 13 September 2023
You cannot force the unwilling share holder for compromise settlement in the MOU or any form of settlement.
The next option is to approach court with a suit for partition.

Advocate Bhartesh goyal (Expert) 13 September 2023
You may file suit for partition and injunction against co-owners.

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