Single format · FV04-K4-4

Memorandum of family settlement

A single format from the Family, HUF, Gifts and Succession pack. outline for drafting, to be settled by counsel before execution.

Length
3 pages
Blanks to fill
25
Files
Word and PDF
Law stated to
13 September 2026

What it covers

  1. 1Memorandum of family settlementoutline for drafting, to be settled by counsel before execution25 blanks

Read the opening

The first part of the format, as it downloads. Blanks are highlighted.

Memorandum recording a family arrangement

This Memorandum is made at [Place of making the memorandum] on [Date of the memorandum]

Between
(1) [First Party's name], son of [First Party's father's name], resident of [First Party's address], PAN [First Party's PAN] (hereinafter "the First Party");
(2) [Second Party's name], [Second Party's relationship to the family], PAN [Second Party's PAN] (hereinafter "the Second Party");
(3) [Third Party's name], [Third Party's relationship to the family], PAN [Third Party's PAN] (hereinafter "the Third Party");
(4) [Name] (HUF), through its karta [Karta's name], PAN [HUF's PAN] (hereinafter "the Family");
all being members of one family descended from the late [Name of the late ancestor], and hereinafter together called "the Parties".

Recitals — these carry the tax consequence and must be accurate

21 more paragraphs and tables follow in the full format.

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