That it be declared and agreed between the parties that this family plan agreement will put an end to all disputes between the parties regarding the respective rights and rights of the parties to the common family property and that the parties recognize and recognize the reciprocity rights of their respective real estate in accordance with this family settlement agreement. This act now attests that, in accordance with the agreement on the family establishment and in view of the agreement reached between the parties, the parties agree that they comply, implement and summon the above conditions. A transaction contract can also be challenged in court, although it can only be revoked with a court order. A transaction contract may be challenged if it is fraud or coercion, misrepresentation or improper execution. The couple cannot make a compromise in which the woman renounces her rights to support obligations and is content with an out-of-court divorce through an agreement. The same goes for marital agreements. The couple cannot obtain a marriage agreement because it is not valid in India. Marital agreements have no binding value in Indian courts. PandaTip: In other words, if necessary, the parties will take additional steps to ensure that the debts are repaid as long as the terms of this agreement are met.
When the debt is settled, a creditor agrees to forfeiving a certain percentage of the outstanding. He agrees to settle for a final sum reduced to the total amount owed. The debt settlement agreement is a written agreement between debtors and creditors in which the debtor agrees to pay the creditor the outstanding debts incurred against him. It is also known as the debt compromise agreement. This agreement can be legally applied by printing it on a non-judicial stamp document, the stamp duty being affixed in accordance with the laws of the state, the signatures of both parties agreeing. PandaTip: In other words, this agreement is now the debt control agreement and, in any case, the terms of that agreement are contrary to all those that have been signed previously that win the terms of that agreement. Settlement Agreement is a document that demonstrates the agreement reached between the parties in the agreement that requires the parties to enter into an agreement to comply with the terms agreed as a result of negotiations between the parties. The collective agreement is enforced in accordance with Section 18 of the Industrial Disputes Act of 1947, when an agreement was reached between workers and employers. Under Section 18 (1) of the Industrial Dispute Act, 1947, an agreement reached by an agreement between the employer and the worker as part of a conciliation procedure only commits the parties to the agreement.
Both counsel and the Arbitral Tribunal carefully review the documents to determine whether a transaction contract can be transformed into an effective approval decision and protect the rights and interests of the parties in extreme cases.
