7. Notwithstanding the provisions contained in this Agreement, it is expressly agreed that if the parties cohabit at any time with mutual consent as husband and wife, in this case the amount in question, which must be paid to the woman under this Agreement, will no longer be payable and the above agreements will become invalid. IN WHEREOF WITNESS, the parties put their respective hands on these gifts and a duplicate of these gifts written here on the first day and year. Signed and delivered by the husband inside the latter, Mr. A. signed and delivered by the woman CWITNESSES mentioned inside;1.2. Mou does not apply to divorce, but is valid for other agreements between man and woman for property, alimony or staying separated. As a result of serious differences and disputes, they have separated and now live separately and want to continue to live in two. They intend, through this agreement, to settle their marital affairs, including custody of children, custody of children, division of property and debts, and their support rights. For these reasons, and in view of the reciprocal promises contained in this agreement, the husband and wife agree on general clauses such as the date of the agreement, the name of the husband and wife, the description of the property. This will be part of an introductory clause of the agreement. FINANCIAL DISCLOSURE. The parties share with each other complete financial information about their net assets, assets, holdings, products and liabilities; not only through their conversations with each other, but also through copies of their current financial statements, copies of which are attached in the form of A and B exhibitions.
Both parties acknowledge that they have had sufficient time to verify the other financial statements, that they are familiar with the other financial records, and that they understand that the questions have been answered satisfactorily and are satisfied that the other financial statement has submitted a full and complete financial statement. Divorce by mutual agreement is one step closer. The main motto of entry into a separation agreement is usually non-compatibility between the couple. The last way out of the marital relationship without being involved in the legal process is by mutual agreement. A separation agreement does not apply in court. But that doesn`t mean its value is going to be lowered all at once. As explained above, the court could find a practical separation agreement to sculpt the intent of the party. There are alternatives to a separation agreement in India. But these alternatives are not a replica or a precise picture of a separation agreement.
Here are some alternatives to the separation agreement. ALIMONY (This clause varies. It depends on whether the man wins or not. If a woman wins, how much she earns. Social status of the couple.) INDEPENDENT REPRESENTATION THROUGH LEGAL ASSISTANCE. Each party has the right to be represented by independent advisors. Each party fully understands its rights and believes that the terms of this agreement are fair and appropriate. This agreement contains the parties` full agreement with respect to its purpose. Any amendment or amendment to this agreement must be made in writing and duly signed by both parties.