Court Settlement Agreement
Court Settlement Agreement — this contract typically follows the general framework of this category in Bangladesh. Court-related and legal instruments — Vokalatnama (engaging a lawyer), Powers of Attorney (general and special), Affidavits, Compromise / Settlement Deeds (Aposhnamah), Arbitration agreements, Indemnity Bonds — are the mechanical building-blocks of civil practice in Bangladesh. Their common feature is that they exist to authorise, evidence, or settle something that will otherwise happen inside the court system, and their format is largely dictated by the specific statute or court rule governing that step. Get the format wrong and the court can (and does) refuse to accept the document. Get it right and the legal process moves.
Stamp & registrationThe stamp duty and registration requirements for this specific agreement depend on the instrument type and the amount involved. Most ordinary private contracts run on Tk. 300 non-judicial stamp; certain instrument types (transfer of immovable property, leases exceeding one year, partnership deeds, gift deeds, etc.) require higher denominations or registration. Confirm the correct treatment for your specific situation with a lawyer before executing.
What this agreement typically contains
- Full identity of both parties — name, address, NID, phone
- Concise description of the court settlement agreement's subject-matter
- Term of the agreement / effective dates
- Any financial amount (in figures and words) and payment schedule
- Clear obligations and undertakings of each party
- Remedies and consequences on breach
- Dispute-resolution path (negotiation / mediation / court)
- Signatures of both parties and, if needed, witnesses
Frequently asked questions
- Is a digital agreement on ChuktiQ legally valid in Bangladesh?
- Yes — Sections 6 and 7 of the ICT Act, 2006 give electronic records and OTP-verified electronic signatures the same legal recognition as their paper equivalents. Two important exceptions apply: (a) documents that a specific statute requires to be executed on non-judicial stamp paper or registered — such as land sale / transfer deeds under the Registration Act — still need that stamp / registration in addition to the digital record; and (b) family-law instruments (marriage, divorce, will) follow their own governing statutes. Where either exception applies to your specific agreement, ChuktiQ shows a clear notice on that page.
- What stamp duty and registration apply to this type of agreement?
- That depends on the specific instrument type and, for many instruments, the amount involved — the Stamp Act, 1899 and the Registration Act, 1908 supply the rules. Most ordinary private contracts (loan notes, service agreements, MOUs, NDAs, general contracts) run on Tk. 300 non-judicial stamp with no registration. Certain instrument types have higher requirements — partnership deeds, sale or purchase of immovable property, leases longer than one year, gift deeds, powers of attorney used for property transfer, and others. Before executing this specific agreement, confirm the correct stamp denomination and any registration formality with a lawyer, especially if any significant value or long-term commitment is involved.