Family settlement for property disputes in India

Why is family settlement better than court settlement?

What is a family settlement?

• It refers to the adjustment that family members make in order avoid court disputes and amicably divide the family property with shared understanding.
• The parties must be related to each other and have a right to a share of the said property.
• The latter is not just limited to real estate, but can also claim his/her right on the movable assets like jewellery or money in bank accounts.