✔️ What is a family arrangement, and what are its special features?
✔️ Decision of the Supreme Court in the case of Krishna Biharilal v. Gulabchand [1971] AIR1971 SC 1041
✔️ Propositions laid down by the Supreme Court in the celebrated decision in the case of Kale v. Deputy Director of Consolidation [1976] 3 SCC 119
✔️ Cases wherein genuineness of family settlement vis-à-vis genuineness of transactions accepted
✔️ Cases wherein genuineness of family settlement vis-à-vis genuineness of transactions not accepted
✔️ Supreme Court holds that terms of the family settlement have to be respected and followed by General law
✔️ Supreme Court reiterates Memorandum of Understanding does not require registration
✔️ Family Arrangement has to be real
✔️ Important points to be noted
✔️ Family Settlement/Family Arrangement is a judge-made law
