Builders' Agreement Cannot Modify Shares of Family Members Laid Down in Memorandum of Family Settlement: Delhi High Court

In a significant ruling under the Indian Registration Act, 1908, the Delhi High Court has reaffirmed that a Memorandum of Family Settlement that merely records an already concluded oral family arrangement, and does not itself create any fresh rights in immovable property, does not require registration under Section 17 of the Indian Registration Act, 1908. This decision came in the matter of Suman Singh Virk & Anr. v. Deepika Prashar…