444+ Lawyers are online 
Settlement Aadharam and Dhana Nischayam
01-May-2023 (In Property Law)
In a document where my father has given off his ancestral property to me, it is specified as "Dhana Nischayam". My father got this property from his mother. The document which writes the property to my fathers name specifies it as "Settlement Aadharam". Is there any difference between the two?
Dhana nischayam literally means commitment of wealth by one person to another by way of a Gift. In your case he has given his share of property to you by means of a gift deed. Aadharam is a document written by an authorized licensee in a stamp paper as per the value of land and registered in registrar office about the transaction made to a property.
Helpful?
250+
250+
Adv. Siddhant Sharma
Delhi | 200+ Answers
Chat
What is Dhana Nischayam?
If the mother wrote Dhana Nischayam Adharam, then the daughter is the recipient of property/assets through a gift deed. If the gift was given with the condition that the daughter would take care of the mother during her lifetime, then the mother may be able to cancel it on the grounds of non-care.
What is the meaning of Dhana settlement?
A dhana settlement in Hindu Law is a type of family agreement where family members agree to divide their property.
What is a gift settlement?
A family settlement deed, or gift settlement deed, can be used to divide ancestral or inherited assets among family members. Gift settlement deeds can be created with or without considering the family members and their dependents.
How do I cancel my Dhana settlement?
The settlement deed cant be unilaterally revoked once it has been signed. Only a civil court can overturn this. The settlement deed cant be cancelled after it has been registered. You must therefore apply to court for cancellation, and file a declaration lawsuit. 15-Sept-2022
Dhana Nichayam is the commitment of wealth made by a person to another through a gift. In your case, he gave you his share of the property by way of a gift.
Helpful?
Adv. Chikirsha Mohanty
Delhi | 200+ AnswersCONTACT NOW
Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.
Connect with top Property lawyers for your specific legal issue
No Comments! Be the first one to comment.
"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."
