Memorandum Of Family Settlement Did Not Require Registration: Delhi High Court Dismisses Appeal U/S 34 Of Arbitration Act
Live LawThe Delhi High Court Bench of Justice Rekha Palli and Justice Saurabh Banerjee has held that the Single Judge has, without interfering with the factual findings arrived at by the learned Arbitrator, correctly applied the settled legal position to the MFS, by holding that the same being a record of prior oral partition of the properties between all the sons of late Mr. Amarnath Bajaj, was only a Memorandum regarding the existing settlement between the parties. Brief Facts: The present appeal has been filed under Section 37 of the Arbitration and Conciliation Act, 1996 seeks to assail the order passed by the Single Judge, wherein the Single Judge held that the findings of the learned Arbitrator to the effect that the Memorandum of Family Settlement dated, being an unregistered document, was invalid, were erroneous and unsustainable. Therefore, the court held that the Single Judge has, without interfering with the factual findings arrived at by the learned Arbitrator, correctly applied the settled legal position to the MFS, by holding that the same being a record of prior oral partition of the properties between all the sons of late Mr. Amarnath Bajaj, was only a Memorandum regarding the existing settlement between the parties. But the factual findings arrived at, both by the Arbitrator as also by the Single Judge clearly show that the MFS was recording only the oral settlement already entered into between the parties.