Items No.3-4
THE HON'BLE THE CHIEF JUSTICE HIMA KOHLI
AND
THE HON'BLE SRI JUSTICE B. VIJAYSEN REDDY
F.C.A.Nos.330 & 512 of 2018
COMMON JUDGMENT: (Per the Hon'ble the Chief Justice Hima Kohli)
1.
This order is in continuation of the order passed on 05.07.2021 on which date, learned counsel for the father had agreed to transfer a residential premises situated at Uppal in favour of the nineteen year old son of the parties, who is residing with the mother, value whereof is stated to be worth Rs.3.00 crores. The said valuation was however contested by learned counsel for the mother, who stated that the said property would fetch about Rs.1.00 crore in the market.
2. Having regard to the fact that the learned Family Court had granted only a sum of Rs.10,00,000/- in favour of the son as permanent maintenance, we had requested the mother to reconsider the offer made by the other side and parties were directed to remain present today.
3. Today, both sides are present and the parties have interacted with each other. Finally, it has been agreed that the residential premises measuring 270 square yards situated at Uppal shall be transferred by the father jointly in favour of the son and the mother who shall have an equal share therein, for which the documentation FCA.Nos.330&512 of 2018 Page 1 of 2 shall be completed within one week from today. The said offer has been accepted by the mother and son. The parties state that both the appeals may be disposed of in terms of the aforesaid settlement.
4. In view of the settlement recorded hereinabove whereunder, the father has agreed to transfer the captioned immovable property jointly in favour of the son and mother, to the extent of 50% share each, within one week from today, no further orders are required to be passed in the present appeals, which are accordingly disposed of along with the pending applications, if any. A copy of the gift deed executed by the father shall be placed on record within four weeks from the date of execution thereof.
______________________________ HIMA KOHLI, CJ ______________________________ B. VIJAYSEN REDDY, J 12.07.2021 JSU FCA.Nos.330&512 of 2018 Page 2 of 2